CONTACT FOR ADS

BTCinsider – Bitcoin, Blockchain & DeFi News
  • BOOKMARKS
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
    CryptoShow More
    Man Attempts Tattoo World Record By Inking ‘Pump.fun’ on Himself 700 Times
    Man Attempts Tattoo World Record By Inking ‘Pump.fun’ on Himself 700 Times
    17.07.2025
    House Clears Key Crypto Bills for Final Vote After Record 9-Hour Standoff
    House Clears Key Crypto Bills for Final Vote After Record 9-Hour Standoff
    17.07.2025
    Whatever Happened to the Bitcoin and Ethereum Sweater Guys?
    Whatever Happened to the Bitcoin and Ethereum Sweater Guys?
    17.07.2025
    SEC Delays Decision on Bitwise Bitcoin, Ethereum ETFs' In-kind Redemptions
    SEC Delays Decision on Bitwise Bitcoin, Ethereum ETFs’ In-kind Redemptions
    17.07.2025
    XRP Price Hits 6-Month High as Open Interest Soars to Record Levels
    XRP Price Hits 6-Month High as Open Interest Soars to Record Levels
    17.07.2025
  • DeFi
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
    MarketShow More
    Peter Thiel-Backed BitMine Gobbles Up More Ethereum, Hits $1B in ETH Holdings
    Peter Thiel-Backed BitMine Gobbles Up More Ethereum, Hits $1B in ETH Holdings
    17.07.2025
    Cantor, Adam Back Team Up to Launch Bitcoin Treasury Firm With $3.5 Billion in BTC
    Cantor, Adam Back Team Up to Launch Bitcoin Treasury Firm With $3.5 Billion in BTC
    17.07.2025
    Bitcoin treasury companies acquired 244,991 BTC in the first half of 2025: K33
    Bitcoin treasury companies acquired 244,991 BTC in the first half of 2025: K33
    17.07.2025
    Canary continues filing spree with staked Injective ETF proposal
    Canary continues filing spree with staked Injective ETF proposal
    17.07.2025
    Ethereum looks to break $3,500 as RSI 'buy signal' targets $10K ETH price
    Ethereum looks to break $3,500 as RSI 'buy signal' targets $10K ETH price
    17.07.2025
  • News
    • Mining
    • NFT
    • Stocks
    • Web3
    • Tech
    NewsShow More
    Crypto holders beware: Physical attacks will hit new record in 2025 for one reason, warns Chainalysis
    Crypto holders beware: Physical attacks will hit new record in 2025 for one reason, warns Chainalysis
    17.07.2025
    Cybercriminals are about to steal more crypto in 2025 than ever before, says Chainalysis
    Cybercriminals are about to steal more crypto in 2025 than ever before, says Chainalysis
    17.07.2025
    Ethereum ETFs gobble up $720m investment record in ‘clear acceleration’ to outpace Bitcoin
    Ethereum ETFs gobble up $720m investment record in ‘clear acceleration’ to outpace Bitcoin
    17.07.2025
    Axie Infinity exec, NFT scammer testify in Roman Storm trial
    Axie Infinity exec, NFT scammer testify in Roman Storm trial
    17.07.2025
    Is ‘Ethereum season’ dawning following a 30% rally? The three reasons why Arthur Hayes says yes
    Is ‘Ethereum season’ dawning following a 30% rally? The three reasons why Arthur Hayes says yes
    16.07.2025
  • Contact Us
Reading: Ethereum Pumps To Five-Month High As Treasury Companies Stockpile ETH
Share
  • bitcoinBitcoin(BTC)$118,595.44
  • ethereumEthereum(ETH)$3,398.97
  • rippleXRP(XRP)$3.27
  • tetherTether USDt(USDT)$1.00
  • binancecoinBNB(BNB)$715.09
  • solanaSolana(SOL)$172.71
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.210804
  • tronTRON(TRX)$0.317012
  • cardanoCardano(ADA)$0.79
Font ResizerAa
BTCinsider – Bitcoin, Blockchain & DeFi NewsBTCinsider – Bitcoin, Blockchain & DeFi News
  • Home
  • Crypto
  • Market
  • News
  • Tech
  • Contact
Search
  • Home
  • Market
    • Business
    • Investor
  • Tech
  • News
    • Web3
    • NFT
  • DeFi
  • Crypto
Have an existing account? Sign In
Follow US
© All Rights Reserved.
Market

Ethereum Pumps To Five-Month High As Treasury Companies Stockpile ETH

Roman Hasley
Last updated: 16.07.2025 3:51 PM
Roman Hasley
Published: 16.07.2025
Share
Ethereum Pumps To Five-Month High As Treasury Companies Stockpile ETH

Ethereum has surged 5.9% this trading day to $3,155, representing the largest intraday gain since February. This follows a broader strengthening, with the cryptocurrency rising 20.1% over the past seven days. According to CoinGecko, the price has reached its highest level since early February, leading to $85.4 million in short positions liquidated within the last 24 hours.

Several publicly traded companies have significantly increased their Ethereum holdings in recent weeks, driving this price appreciation. SharpLink Gaming revealed on Tuesday that it acquired $225 million worth of ETH to date. This Minneapolis-based company, which pivoted operations toward stockpiling ETH in May after raising $425 million, reported its co-founder Stefan Romanov on Tuesday.

Romanov stressed the strategic commitment to the asset, highlighting: “This is not a financial gambling bet but a long-term strategic investment aligned with the future of finance.” SharpLink’s acquisition campaign has made it the largest Ethereum treasury held by a publicly traded company. Its latest ETH accumulation brings its total treasury to 280,000 ETH, valued at approximately $884 million. Consequently, SharpLink’s stock (SBET) has soared over 1,000% since adopting its crypto-focused strategy last May.

Separately, BitMine Immersion Technologies announced in late June its intention to accumulate Ethereum after raising $250 million and welcoming Tom Lee, founder of Fundstrat, to its board. Since then, the company has reportedly acquired over $500 million worth of ETH. As shown by TradingView data, BitMine’s stock (BMNR) has tripled since its first Ethereum purchase. Peter Thiel’s Founders Fund recently secured a significant minority position, acquiring a 9.1% stake.

Bit Digital announced earlier this month plans to wind down its cryptocurrency mining operations in favor of “Ethereum-native treasury and staking strategies.” Last week, the company transitioned its entire cryptocurrency treasury to Ethereum, adding 100,603 ETH valued at approximately $316 million. This push continued this week with Bit Digital allocating $67.3 million proceeds from a secondary stock offering specifically to purchase additional Ethereum.

Analysts suggest these large treasury allocations by traditional firms represent a significant catalyst for Ethereum value appreciation. Kevin Rusher, founder of borrowing and lending platform RAAC, commented: “Rather than just a speculative instrument, ETH is becoming a yield-bearing, programmable financial asset that institutions view as a store of value. This is a really important factor for ETH price, as treasury allocations reduce circulating supply and signal long-term confidence.”

This trend marks a widening of MicroStrategy’s influence on the market. Most recently, First NBC News identified between eight and twelve US cannabis firms using such higher-level accretive insourcing and refocus tactics.

End of Content


Anthony Pompliano’s crypto venture buys $386M in Bitcoin
Crypto legislation in the US is at a ‘critical’ juncture, says industry exec
Stablecoin adoption is still 3 to 4 years away: van Eck
Citi Considers Launching Stablecoin as TradFi Players Continue Crypto Embrace
Bitcoin price 'trending back' but new highs before July unlikely: Analysis

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Telegram Email Copy Link Print
Share
Previous Article Strategy Bitcoin Accumulation | 600,000 BTC in Reserves Strategy Bitcoin Accumulation | 600,000 BTC in Reserves
Next Article Trump says stablecoin bill is good to go after Oval Office meeting with GOP dissenters Trump says stablecoin bill is good to go after Oval Office meeting with GOP dissenters
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
Peter Thiel-Backed BitMine Gobbles Up More Ethereum, Hits $1B in ETH Holdings
Peter Thiel-Backed BitMine Gobbles Up More Ethereum, Hits $1B in ETH Holdings
'Dogecoin Millionaire' Is Now a Pepe Millionaire—And He’s Stacking These Meme Coins Next
‘Dogecoin Millionaire’ Is Now a Pepe Millionaire—And He’s Stacking These Meme Coins Next
Performance Art Duo Operator 'Make Movement Collectible' With NFTs
Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

You Might Also Like

USDt market cap hits $160B, cementing its ‘digital dollar’ role: Tether CEO
Investor

USDt market cap hits $160B, cementing its ‘digital dollar’ role: Tether CEO

17.07.2025
Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury
Business

Sequans Shares Jump 35% After $384M Debt-Equity Raise to Fund Bitcoin Treasury

09.07.2025
Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode
Market

Bitcoin’s ‘super-majority’ holds $1.2T in unrealized profits: Glassnode

02.07.2025
Coinbase claims ‘key role’ in Secret Service’s biggest-ever crypto seizure
Business

Coinbase claims ‘key role’ in Secret Service’s biggest-ever crypto seizure

25.06.2025

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

BTCinsider – Bitcoin, Blockchain & DeFi News

With 20 million users, we are the #1 global business blockchain and cryptocurrency news network.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up