Corporate treasuries are increasingly turning to cryptocurrency as a part of their investment strategies, with a notable surge in Bitcoin (BTC) and Ethereum (ETH) purchases. This trend gained significant momentum after the US SEC approved Bitcoin and Ethereum ETFs in 2024, making it easier for companies to invest in these digital assets.
While Bitcoin continues to dominate the space, Ethereum is experiencing a massive rise in interest among public companies due to its versatile blockchain technology, which powers smart contracts and decentralized applications.
Many corporations now view Ethereum not just as a store of value but as a strategic asset with real-world utility. In this article, we’ll explore the top public companies holding Ethereum and how this growing adoption is shaping the future of corporate crypto investments.
Top Companies That Hold Ethereum (ETH)
SharpLink Gaming has emerged as a leader in Ethereum (ETH) holdings, boasting an impressive 438,190 ETH in its portfolio. These holdings are currently valued at approximately $1.6 billion, making the public company a significant player in the crypto space. SharpLink Gaming specializes in online performance marketing, leveraging data and technology to drive customer engagement and conversions.
The company’s strong stance on Ethereum aligns with its leadership, as it is headed by Joseph Lubin, the co-founder of Ethereum and the CEO of blockchain technology company ConsenSys. Lubin’s deep involvement in the Ethereum ecosystem likely influences SharpLink’s confidence in ETH as a key investment and technological cornerstone.
Bitmine Immersion is currently the second-largest public company holding Ethereum (ETH), with a massive stash of 300,657 ETH, valued at approximately $1.13 billion at current market prices. This significant holding places the firm among the top institutional players in the cryptocurrency space. In June 2023, the company successfully raised $250 million through a private placement, bolstering its funding to expand its Ethereum investments further.
Coinbase, a leading cryptocurrency exchange, ranks third among the largest Ethereum holders. The company owns 137,300 ETH, valued at approximately $520 million. While this is a significant amount, it falls far short of the holdings of the top two Ethereum holders.
Moreover, Ethereum (ETH) has experienced a significant price surge following its Pectra upgrade in May 2025, edging closer to the $4,000 mark—last reached in December 2024.
Over the past week, ETH has gained 7.12%, while its 14-day and monthly charts show impressive increases of 20% and 56.85%, respectively. Since July 2024, the asset is up 18.15%. However, ETH has faced a 0.8% dip in the past 24 hours, as reported by CoinMarketCap.
Also Read: Dogecoin (DOGE) Drops 15% Ahead of Fed News: What Could Happen Next?
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
