Following Michael Saylor's MicroStrategy leading Bitcoin reserves, Ethereum reserve companies have become the recent focus. BitMine, led by Tom Lee, and SharpLink, an American online gaming company led by Ethereum co-founder Joe Lubin, have been aggressively purchasing assets. According to strategicethreserve, these institutions now hold 1.91% of the total Ethereum supply. Who will be the MicroStrategy of the Ethereum world?
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ToggleTop 5 Global ETH Holding Public Companies
ABMedia compiled the following table of the top 5 global ETH holding public companies based on reports from CoinGecko, strategicethreserve, and company press releases:
[The rest of the translation follows the same professional and accurate approach, maintaining the specific terminology translations as instructed.]
Risk Warning
Cryptocurrency investment carries high risks, and its price may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
Alphabet's strong performance and increased AI capital expenditure continue to drive U.S. stocks to new highs. The number of initial U.S. unemployment benefit claims slightly decreased on Thursday, and the market expects the Federal Reserve to maintain interest rates unchanged next Wednesday (7/30). Bitcoin remains stable above 118K. Led by Tom Lee, Ethereum reserve enterprise Bitmine Immersion Technologies (BMNR) has increased its ETH holdings to 565,821 ETH, valued at over $2.04 billion, again becoming the world's largest ETH holder.
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ToggleFederal Reserve Expected to Maintain Interest Rates Next Week, Trump Says Firing Powell Not "Necessary"
The number of initial U.S. unemployment benefit claims slightly decreased on Thursday, with claims for the week ending July 19 at 217,000, lower than the previous week's 221,000 and better than the market's estimated 227,000.
After six consecutive weeks of decline in unemployment benefit applications, traders slightly reduced their bets on U.S. rate cuts. The Federal Reserve will announce its interest rate decision next Wednesday (7/30), with 97% of traders expecting the benchmark rate to remain unchanged at 4.25-4.5%.
U.S. President Trump and Federal Reserve Chairman Powell jointly inspected the renovation of the Federal Reserve headquarters yesterday, with Trump taking the opportunity to pressure the Fed to cut rates. However, he also noted that firing Powell is not "necessary".
JPMorgan: Rapid Capital Inflow into Digital Assets
JPMorgan analysts stated that driven by cryptocurrency capital flows, CME futures activities, and venture capital fundraising, capital inflows into digital assets have reached $60 billion year-to-date. Since late May, inflows have grown by nearly 50% and are expected to easily surpass last year's record total.
Investor interest in Altcoins is also rising. Analysts note that Ethereum has been the primary beneficiary due to its dominance in DeFi and smart contracts, and the increasing number of enterprises adding ETH to their asset reserves. JPMorgan also pointed out growing interest from asset management companies in launching crypto ETFs with Altcoins and staking components.
Bitcoin Stable at 118K, Bitmine Buys More Ethereum
Despite small capital outflows, Bitcoin maintains most of its market share, remaining stable above 118K.
Ethereum led a partial Altcoin rebound, but the Altcoin Season Index remains below 50 (currently at 42), indicating this is not a complete risk preference rotation.
Led by Tom Lee, Ethereum reserve enterprise Bitmine Immersion Technologies (BMNR) has increased its ETH holdings to 565,821 ETH, valued at over $2.04 billion, again becoming the world's largest ETH holder.
Risk Warning
Cryptocurrency investment carries high risks, and its price may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.
