Top Ethereum Holders Among Treasury Firms and Institutions Revealed

According to BlockBeats, data from strategicethreserve highlights the leading entities in Ethereum holdings among treasury companies and institutions. Bitmine Immersion Tech (BMNR) ranks first, currently holding 4.07 million ETH. SharpLink Gaming (SBET) follows in second place with 863,020 ETH. The Ether Machine (ETHM) is third, possessing 496,710 ETH. Previously, it was reported that Trend Research, a secondary investment institution under Yilihua, has increased its Ethereum holdings by 46,379 ETH through leveraged loans. Since early November, when the price was $3,400, Trend Research has accumulated approximately 580,000 ETH. The average cost per ETH is around $3,208, with the current position estimated to have an unrealized loss of about $141 million. Trend Research's Ethereum holdings surpass those of The Ether Machine, ranking just below Bitmine and SharpLink. Additionally, Yilihua announced plans to allocate another $1 billion to further increase Ethereum purchases.