Ethereum Giants Make Major Moves: Bitmine and SharpLink Gaming Acquire Record Amounts of ETH

Institutional interest in Ethereum is surging, as major firms like Bitmine and SharpLink Gaming are aggressively acquiring massive amounts of the cryptocurrency. The trend highlights a growing shift towards ETH within institutional portfolios after Bitcoin’s recent dominance. 153,075 ETH was recently acquired by Bitmine last week alone, pushing its total holdings to over 1.86 million ETH for a staggering $8.15 billion. Bitmine boasts the title of largest Ethereum treasury globally and is closely followed by SharpLink Gaming. The company’s recent acquisition brings their total ETH holdings to over 837,230 ETH worth approximately $3.6 billion.