Ethereum Treasury


Markets

Ether Treasury Company SharpLink Gaming Buys Back $15M in 'Undervalued' Shares

The repurchase happened as the firm's stock price fell below the net asset value of its underlying ether holdings.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

BitMine Now Holds $9B in Crypto Treasury, Fuels 1,000% Surge in WLD-Linked Stock

BMNR also announced a $20 million investment in Eightco Holdings (OCTO), which plans to hold worldcoin (WLD) as its primary treasury asset.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Jack Ma-Linked Yunfeng Financial to Build Ether Treasury Starting With $44M ETH Purchase

Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.

Ant Group and Alibaba co-founder Jack Ma (CoinDesk Archives)

Finance

The Ether Machine Gets $654M ETH Investment From Blockchains’ Jeffrey Berns

Berns’ commitment brings company's ETH holdings to over $2.1 billion as it prepares to go public via a merger later this year.

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Finance

BitMine Immersion Boosts Ether Holdings to $8.1B, With $623M in Cash for More Purchases

Led by Tom Lee, the company aims to control 5% of ether's supply, positioning itself as the largest listed ETH treasury firm.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

ARK Invest Buys $15.6M Shares of Ether Treasury Firm Bitmine

Bitmine is one of the largest corporate holders of ether, having purchased over 1.7 million ETH, worth just under $8 billion at current prices.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

Finance

Joe Lubin's SharpLink Boosts ETH Holdings to Nearly 800K, Raised $361M in Fresh Capital

The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.

Joe Lubin, founder and CEO of Consensys. (Shutterstock/CoinDesk/Suzanne Cordiero)

Markets

Ether and ETH Treasury Companies Look Undervalued After Plunge: Standard Chartered

Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto's circulation, the bank's Geoff Kendrick said.

stepwise increasing stacks of coins pictured against a chart of rising price candles

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Finance

ETHZilla Authorizes $250M Buyback, Expands Ether Treasury to $489M

The company now holds 102,237 ether worth about $489 million.

Nasdaq. (CoinDesk Archives)

Finance

BitMine's ETH Holdings Top 1.7M Tokens, With $562M of Buying Power Remaining

The firm's crypto and cash holdings rose to nearly $9 billion at one point Sunday prior to the plunge in crypto prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

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