Ether treasuries climb to $13B as price breaks $4,300
Corporate Ether holdings surged to $13 billion as ETH’s price broke $4,300, with BitMine, SharpLink and The Ether Machine leading the charge.
The total Ether held by companies with crypto treasuries has risen to 3.04 million ETH, worth $13 billion, as the cryptocurrency’s price surged past $4,300.
On Monday, Ether (ETH) climbed to $4,332, surging by 20.4% in the last seven days, according to CoinGecko. At the time of writing, ETH had dropped slightly and was sitting at $4,290. The ETH rally is fueled by companies increasing their holdings in the last 30 days.
BitMine Immersion Technologies, which tops the list of ETH treasury holders, boosted its holdings to 833,100 ETH, a 410.68% jump in the amount of ETH it holds over the past 30 days.
