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Data: The total value of ETH treasury reserves of 64 entities has exceeded 10 billion USD.
PANews reported on July 31 that the total value of Ethereum reserve assets has exceeded $10 billion, reflecting a growing trend of more companies incorporating Ethereum into their balance sheets. According to SER data, as of Thursday, the total value of strategic reserve Ethereum reached $10.58 billion, covering 64 entities holding more than 100 ETH. These reserves account for 2.26% of the total Ethereum supply. This total value of $10 billion includes reserve assets from publicly listed companies, cryptocurrency exchanges, Decentralized Finance protocols, non-profit organizations, and federal governments. The largest holder of Ether currently is Bitmine Immersion Tech, which has shifted its business focus from Bitcoin mining to accumulating Ethereum. It holds 625,000 ETH (worth $2.42 billion), and the company's chairman Tom Lee previously stated that the goal is to acquire and stake 5% of the total supply of Ethereum. Following closely is Joseph Lubin's SharpLink Gaming, which holds 438,200 ETH. Ranked third, The Ether Machine announced on Wednesday the purchase of 15,000 ETH, bringing its reserves to 334,800 ETH. These three companies' Ethereum reserves have now surpassed the long-dominant holdings of the Ethereum Foundation, which currently holds 234,600 ETH.