85Corporate Ether holdings have soared to $13 billion as ETH’s price climbed above $4,300, with BitMine, SharpLink, and The Ether Machine driving the surge.Data shows companies now hold a total of 3.04 million ETH, valued at $13 billion, as Ethereum rallied past $4,300 this week. On Monday, ETH hit $4,332, gaining over 20% in the past week before easing slightly to $4,290, according to CoinGecko.The rise is fueled by increased corporate buying in the last 30 days. BitMine Immersion Technologies, the largest ETH holder, expanded its stash to 833,100 ETH, a massive 410 percent jump. SharpLink Gaming followed with 521,900 ETH, up 141%, while The Ether Machine grew its holdings to 345,400 ETH, an 8% rise.Corporate Buying Pushes Ether Above $4,300Ethereum saw a major boost this week as corporate holdings of the cryptocurrency surged to $13 billion, according to data from the Strategic ETH Reserve (SER). Companies now hold a total of 3.04 million ETH, marking a significant jump in accumulation over the past month. Some firms have increased their Ether reserves by triple-digit percentages, signaling strong confidence in the asset’s long-term potential.The buying spree has helped push Ether’s price above the $4,300 level. On Monday, ETH briefly touched $4,332, marking a 20.4% rise over the past seven days, before easing slightly to $4,290 at the time of reporting. Analysts suggest that the surge in institutional demand is tightening available supply and fueling upward price momentum.This corporate appetite for Ethereum follows growing adoption of blockchain technology in sectors such as finance, gaming, and decentralized applications. Market watchers believe that if demand from large companies continues, ETH could be on track for further price gains in the weeks ahead. The combination of limited supply, rising institutional interest, and improving investor sentiment is creating a bullish outlook for Ethereum in 2025.BitMine Now Holds Over $3 Billion in ETHBitMine Immersion Technologies has become the largest corporate holder of Ethereum, boosting its holdings by 410.68% in just 30 days. The company now owns 833,100 ETH, valued at $3.58 billion, making it the first to cross the $3 billion mark in ETH. This milestone highlights growing corporate interest in Ethereum as prices and adoption continue to rise.SharpLink Gaming Expands Digital Asset PortfolioSharpLink Gaming has grown its Ethereum holdings significantly, now owning 521,900 ETH. This is a 141.69% increase, with the company buying 83,562 ETH just last week. According to data from the Strategic ETH Reserve (SER), SharpLink’s total ETH assets are worth around $2.23 billion.Of this amount, about $671 million comes from unrealized gains, meaning the value of its holdings has increased but has not yet been sold. This shows that SharpLink Gaming is making strong moves in the crypto market, betting heavily on Ethereum as its price rises.Corporate Participation Boosts Crypto MarketWhile BitMine, SharpLink, and The Ether Machine hold most of the corporate Ethereum reserves, other companies are also increasing their exposure. For example, Hong Kong-listed IVD Medical recently bought about $19 million worth of ETH through HashKey Exchange.Together, the top 10 corporate ETH holders now control 2.63% of Ethereum’s total circulating supply. Their combined holdings are valued at $11.3 billion.This growing corporate interest, led by major firms like BitMine and SharpLink, shows strong confidence in Ethereum’s future. Analysts say if companies keep buying at this pace, it could reduce the available supply and help push ETH’s price up toward its next target of $4,500 to $4,800. This trend might speed up Ethereum’s climb to new all-time highs.
