Publicly traded firms are accumulating Ethereum, with over 7.3 million ETH valued at more than $16 billion. Key figures like Tom Lee and Joe Lubin are advocating for this trend.
As of now, public entities hold more than 7.3 million ETH, representing over 6% of the total supply. The trend of adopting crypto treasury strategies has expanded from Bitcoin to include Ethereum. Notably, BitMine Immersion Technologies has emerged as a significant player in this space.