Ethereum Treasury
Bernstein Sees 75% Upside for Ether Treasury Firm SharpLink, Initiates at Outperform
The Wall Street broker said SharpLink is a compliant, institutional gateway to Ethereum, and gave the stock a $24 price target, offering 75% potential upside.
Ether Holds Above $4,000, Arkham Says Tom Lee's 'BitMine Is Buying the Dip'
Repeated defenses of $4,000 and heavier trading marked the session, with price finishing near $4,023 after a quick pullback from about $4,102.
Ether Treasury Firm ETHZilla Sold $40M ETH to Fund Share Buyback Amid Discount to NAV
The maneuver highlights the pressure digital asset treasury stocks face, with many once-high-flying names now trading below the value of the crypto on their books.
Tom Lee's BitMine Immersion Added Another $320M in Ether, Bringing Overall Holdings Above $14B
The crypto investment firm now holds over 3.31 million ETH, moving closer to its goal of owning 5% of the token’s supply.
Joe Lubin's Sharplink Gaming Resumes ETH Purchases, Bringing Holdings Over $3.5B
The Nasdaq-listed firm made its first ether purchase since August as the crypto correction weighs on digital asset treasuries.
Tom Lee's Bitmine Immersion Adds $800M of Ether, Bringing ETH Holdings Over $13B
The digital asset treasury bubble might have burst, as chairman Thomas Lee said, but the firm added over $1.6 billion worth of ETH during the crypto correction.
SharpLink Raises $76.5M in Premium-Priced Stock Deal to Expand Ether Holdings
The sale reflects "strong institutional confidence," the company said, with an unnamed investor also receiving an option to buy another 4.5 million shares
BitMine Immersion Added $821M in Ether, Bringing Cash and Crypto Holdings to $13.4B
The firm extended its lead as the largest ether treasury, holding over 2.83 million in ETH tokens.
BitMine Immersion ETH Holdings Rise to 2.66M Tokens, More Than 2% of Total Supply
Crypto, cash and "moonshot" on the balance sheet now total $11.6 billion, said the company.
Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise
Digital asset treasuries are now allocating to ether at scale, creating structural demand that exceeds new supply, the report said.
