Treasury companies can accumulate 10% of all Ethereum
- Companies already hold 1% of all ETH in circulation
- Standard Chartered projects an increase of up to 10% of the total
- BitMine and SharpLink Lead Institutional Ethereum Reserves
A recent report from Standard Chartered revealed that treasury firms have accumulated 1,26 million ETH—about 1% of all Ethereum in circulation—since June, marking a new trend in institutional adoption of the asset. The study was led by Geoffrey Kendrick, the bank's global head of digital asset research.
Standard Chartered Bank says Ethereum treasury companies could buy 10% of all $ ETH .
– Ethereum treasury firms have bought 1.26 million ETH — 1% of all ETH in circulation — since June, according to Standard Chartered's Geoffrey Kendrick.
– Kendrick expects ETH treasury holdings…
— Traders Paradise (@theparadiselive) July 29, 2025
Kendrick projects that this volume could grow tenfold, reaching 10% of the total ETH supply in the future. For comparison, treasury companies operating with Bitcoin hold approximately 4,4% of the total circulating BTC.
According to the report, the accelerated growth is related to the regulatory advantage of publicly listed companies, which serve as a vehicle for indirect exposure to ETH in regions with restricted direct access. This model allows such companies to trade at a market value higher than the net asset value of their assets—a phenomenon known as a positive NPV multiple.
The report also highlights that Ethereum offers advantages over Bitcoin, such as a staking yield of around 3% and greater integration with decentralized finance (DeFi) solutions, which are not yet covered by traditional ETFs in the United States.
Among the companies that stand out in ETH accumulation is BitMine (BMNR), which aims to hold 5% of all Ethereum in circulation, which would represent the acquisition of approximately 6 million units of the asset. The company recently doubled its ETH reserves, positioning itself as a leader in this segment.
Close behind is SharpLink Gaming (SBET), backed by Consensys and Ethereum co-founder Joe Lubin. The company increased its reserves to over 438 ETH after a new round of purchases. The latest acquisition alone, of 77.210 ETH, surpassed the total issued by the network in the last month.
Other companies adopting Ethereum-centric strategies in 2025 include BTCS (BTCS), GameSquare Holdings (GAME), and The Ether Machine. All are part of the movement to integrate ETH into corporate treasuries as part of a long-term financial strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan brings JPM Coin to Ethereum
Nvidia invests billions of dollars in Germany; Jensen Huang: Once a technology powerhouse, the country has fallen behind, which pains me deeply
Nvidia signed a memorandum of cooperation with the German government at the "Invest in Germany" summit in Berlin, investing in four German startups covering robotics, healthcare, generative AI, and satellite sectors. The company also partnered with Siemens to develop AI factory solutions, potentially reducing costs by up to 20%. Jensen Huang expressed regret that Germany is lagging behind in the technology competition, noting that Europeans may be overly hesitant and consider too many factors when taking action.
The most direct signal that US stocks have peaked: South Korean chip exports?
Currently, the U.S. stock market is supported solely by strong earnings expectations. If semiconductor exports from South Korea and Taiwan decline, it may provide an early warning 3-6 months in advance of capital expenditure peaking. Once expectations reverse, high yields will instantly crush valuations.
CoreWeave Credit Crisis Resembles the 2023 SVB Panic More Than the 2008 Subprime Mortgage Crisis?
The key issue now is not whether CoreWeave will collapse, but whether compute pricing can support the financing logic of this cycle. The answer to this question will determine the eventual outcome of this panic.
Crypto prices
More
