Wall Street Firms Pour Billions into Ethereum, Betting on AI-Driven Future

Major corporations are investing billions in Ethereum, anticipating its transition from a speculative cryptocurrency to the foundation for financial systems of tomorrow. Companies like BitMine Immersion Technologies and Sharplink Gaming have amassed over $6 billion and $3 billion respectively in Ether, following corporate treasury strategies inspired by Bitcoin advocate Michael Saylor’s approach at Strategy Inc. These investments reflect a shift from simply trading cryptocurrencies to building around Ethereum’s programmable blockchain technology for wider applications. ]