The seven largest publicly traded Ethereum finance companies

The pattern that started with Bitcoin for public firms using Crypto Treasury Methods has since expanded to quite a lot of digital belongings, together with the second largest cryptocurrency in market capitalization, Ethereum.

It’s now led by key figures like Tom Lee of EthStrat and Joe Lubin, co-founder of Ethereum.

Round StrategeThreserve.xyzEthereum Treasury Division’s Utilities maintains ETH of over 3.7 million, valued at about $17 billion on the time of this writing, sustaining greater than 3% of the entire provide. These are the biggest homeowners on the time of this writing.

1. Bit Mine Immerer Know-how

Bitmine Immersion Applied sciences, led by Crypto Bull and Fundstrat Cio Tom Lee, exploded into the corporate on the finish of July. Ethereum Treasury Detailed Plans.

Bitmine (BMNR), which beforehand centered on Bitcoin mining, first secured a $250 million public fairness (PIPE) funding spherical to start buying ETH.

Since then, he has not appeared again, incomes 1,150,263 ETH or greater than $5 billion on the time of this writing.

The aggressive purchases are per Lee’s seemingly immeasurable ETH value forecast. Calling $60,000 ETH. That is a big a number of of the present value.

After planning to lift $4.5 billion to build up belongings, Lee and the corporate cheered them up $20 billion in August It’s because Bitmine goals to increase its already-industrial main Ethereum Treasury Division.

2. Sharplink Video games

Playing Marketer has develop into Ethereum Finance Firm Sharplink Video games It holds the second largest publicly traded ETH Ministry of Finance.

firm Preserve 728,804 ETHor its newest launch, $3.2 billion, is 73% of the best way to the primary acknowledged aim of accumulating ETH of 1 million folks.

Sharplink’s current enterprise had no instant reference to Crypto, however it introduced a direct reference to Ethereum when it formed the board. Firm’s Chairman Joe Rubin He’s the co-founder of Ethereum itself, founder and CEO of Ethereum Software program Firm, Consensys, and the maker of the favored Crypto Pockets. Meta Masks.

(Disclaimer: Consensey is among the 22 traders of the editor. Decryption)

Lubin and the corporate are chasing Bitmine within the relentless pursuit of Ethereum and elevating funds in quite a lot of methods, together with Latest $400 million direct merchandiseplans to gather extra $6 billion from inventory gross sales.

July, firm Added BlackRock’s earlier head of digital asset technique Joseph Charom is the newly appointed CEO.

3. Ether Machine

There isn’t any doubt concerning the enterprise of ether machines. The corporate was made public by a merger Earlier this 12 months, Ether Reserve, LLC and Clean Verify Firm.

The third largest Treasury Division on the record, the ether machine at the moment holds 345,362 ETH, or $1.5 billion at as we speak’s ETH value.

Ether Machines mentioned it had an obligation to fund roughly 170,000 ETHs from Startup Capital and co-founder and chairman Andrew Kies, and to work on the ETH on-chain or create a “machine” to develop the stash and distinguish it from a extra passive accumulation automobile.

Just lately acquired ETH value roughly $40 million Use money from beforehand established non-public placements. Initially, it was anticipated to attract in gross revenues of round $1.6 billion for use to fund the acquisition of Ethereum.

4. Coinbase

Main American Crypto Trade Coinbase maintains an funding of roughly $622 million or 136,782 ETH. Newest 10-Q submitting. It is over 20,000 ETH than it led to 2024 When holding 115,700 ETH Primarily based on the top of the 10-Okay submitting.

The corporate additionally holds over 11,000 Bitcoin investments; Prime public holders The largest crypto belongings.

starting He participated within the open market in 2021Coinbase shares It is develop into the very best latest ever In July 2025, crypto firms continued their profitable streak alongside conventional shares.

5. Bit Digital

Bitcoin Miner Bit Digital shaped the Ethereum monetary technique within the second quarter of 2025. In only a few months, it jumped from 30,663 ETH on the finish of June to 121,076 ETH as of August eleventh, incomes a valuation of over $530 million, and was added shortly.

As a part of the transition, the corporate has completed its Bitcoin mining operations and is relocating funds to build up ETH. The nationwide market didn’t reply strongly to the strategic shift as BTBT inventory has solely gained 2.63% because the begin of the 12 months.

6. Ethira

Biotech Agency 180 Life Sciences has reformed the corporate to “Ethzilla.”

firm We raised $425 million in late July It launched the Ministry of Finance, and as of August twelfth, it has gained 82,186 ETH, incomes round $362 million at as we speak’s ETH value.

Share in just a few weeks Ethzilla (ATNF) shortly tripled After it was revealed that billionaire tech investor Peter Thiel and associated entities have bought a 7.5% stake within the firm.

What’s that distinctive title? Board Chairman McAndrew Rudisil mentioned Decryption In July, it “focuses on turning into one of many world’s largest ETH homeowners.”

7. BTCSInc.

Blockchain Know-how Consensus Options (BTCS) owned 70,140 ETH, value roughly $309 million in mid-August.

The corporate boasts a proactive technique to win extra Ethereum, and makes use of what is named a “robust debt/site visitors monetary mannequin” to create worth for shareholders, making its ETH run within the chain.

Along with buying ETH, the corporate strengthened its Treasury Ministry on three Ethereum bases A cussed penguin August NFT.

BTCS recorded file income within the second quarter of $2.77 million, up 394% year-on-year. Shares have grown virtually 90% because the begin of the 12 months.