Corporate competition for ETH dominance is heating up, as Bitmine , a blockchain technology company, has just surpassed SharpLink Gaming to claim the top spot in the Ethereum treasury race. Both companies are already accelerating their accumulation strategies, signaling a new era where ETH is becoming a centerpiece for corporate treasuries.
Bitmine Overtakes SharpLink In Ethereum Treasury Race
The race to dominate corporate Ethereum treasuries has entered unprecedented territory. Bitmine now holds a record-breaking 1.2 million ETH, worth nearly $4.9 billion, cementing the company’s position as the largest corporate Ethereum holder in history.
Bitmine’s accumulation milestone marks the first time any firm has crossed the 1 million Ethereum reserve threshold