A record surge in corporate Ethereum holdings has been observed, exceeding 4% of the total supply. This reflects a growing trend toward utilizing Ethereum as an active component within decentralized finance (DeFi) protocols. Companies are actively integrating Ethereum into their operations, marking a shift from passive asset management to more dynamic financial strategies. BitMine, for instance, recently bolstered its holdings by 25%, solidifying its position as the largest corporate holder with nearly 3.3 million ETH. This aggressive strategy is significantly contributing to increasing the overall Ethereum concentration within the hands of large corporations.