BlockBeats News, February 5th, according to strategicethreserve data, as Ethereum approached the $2000 mark during a continuous decline, among the top 20 Ethereum Digital Asset Treasuries (DAT) companies, only BitMine has maintained an increase in holdings in the past 30 days. BitMine’s holdings rank first among all treasury companies, currently holding 4.29 million ETH, worth approximately $9.74 billion. In the last 30 days, their holdings have increased by 3.4%, accounting for 3.54% of the Ethereum supply. BitMine still holds $586 million in cash and is expected to continue accumulating.
Tom Lee recently emphasized that BitMine has no debt. Given the strengthening fundamentals of Ethereum, the recent market pullback is “highly attractive.” From a long-term perspective, Ethereum is expected to remain a key infrastructure of the future financial system.
Other major Ethereum treasury companies and institutions are as follows:
SharpLink Gaming (SBET) ranks second, holding 863,020 ETH, worth approximately $1.96 billion;
The Ether Machine (ETHM) ranks third, holding 496,710 ETH, worth approximately $1.13 billion;
Ethereum Foundation ranks fourth, holding 229,470 ETH, worth approximately $521 million;
Bit Digital (BTBT) ranks fifth, holding 154,400 ETH, worth approximately $350 million.
