The total ether held by companies with crypto treasury rose to 3.04 million ETH, worth $ 13 billion, as the cryptocurrency price passed $ 4,300.
On Monday, Ether (Eth) climb to $ 4,332, which fell 20.4% in the last seven days, According to In coingecko. At the time of writing, the ETH dropped slightly, sitting at $ 4,290. The Eth Rally has been -fueled by companies that add their holdings in the last 30 days.
Bitmine Immersion technologies, which are topping the list of treasury holders, strengthened It holds 833,100 ETH, a 410.68% jumps in the amount of ETH it holds in the last 30 days.
Sharplink gaming follows with 521,900 ETHs after its treasury strengthened 141.69% at the same time, while the ether machine grew its stack of 8.01% to 345,400 ETH.
These three creatures have more than half of the ETH held by the top 10 ETH treasury companies.
In addition, the top 10 ETH treasury companies hold a joint 2.63 million ETH, about 2.63% of the total asset supply.
Top 10 Eth Treasury Entities holds more than $ 11.3 billion
This week’s price climbing has pushed the value of ETH’s ETH handling higher.
Last Monday, Bitmine Buy 208,137 ethIt is placed in 833,100 ETH. At this time, the properties would cost about $ 2.9 billion while the ETH turned around $ 3,700.
By trading ETH around $ 4,300, Bitmine handles now cost more than $ 3.58 billion, making it the first company to hold more than $ 3 billion in ETH.
Last Tuesday, Digital Asset Investment Firm Sharpink has strengthened its holdings in 521,900 ETH After a purchase of 83,562 ETH.
At this time, Sharpink’s handles cost about $ 1.91 billion. However, at ETH prices that have passed $ 4,300, the company’s ETH now costs more than $ 2.23 billion.
The ETH Treasury Data Tracker Strategic Eth Reserve (SER) shows that Sharpink playing has over $ 671 million in the unknown those obtained from its investments.
Related: ‘Mysterious institution’ bought about $ 1B ether’s worth of ether on Sunday
On August 3, the Ether Machine Buy 15,000 etMatching Ethereum’s 10th anniversary. According to SER data, it added another 10,600 ETH to its treasury on Sunday. It now holds 345,362 ETHs worth about $ 1.5 billion, keeping it in the top three by handling.
Apart from top companies, smaller purchases were also made last week. On Friday, the Hashkey Exchange announced The medical listed in Hong Kong bought HK $ 149 million (about $ 19 million) at ETH from the trading platform. However, the actual amount of ETH is not disclosed.
Generally, SER Data shows that 64 Treasury companies holding ETH have a total of 3.04 million ETHs, worth more than $ 13 billion in current market prices.
Magazine: How Ethereum Treasury Companies can spark ‘Defi Summer 2.0’
