The seven largest publicly traded Ethereum finance companies

The trend that began with Bitcoin for public companies employing Crypto Treasury Strategies has since expanded to a variety of digital assets, including the second largest cryptocurrency in market capitalization, Ethereum.

It is now led by key figures like Tom Lee of EthStrat and Joe Lubin, co-founder of Ethereum.

Around StrategeThreserve.xyzEthereum Treasury Department’s Utilities maintains ETH of over 3.7 million, valued at about $17 billion at the time of this writing, maintaining more than 3% of the total supply. These are the largest owners at the time of this writing.

1. Bitman Imourner Technology

Bitmine Immersion Technologies, led by Crypto Bull and Fundstrat Cio Tom Lee, exploded into the company at the end of July. Ethereum Treasury Detailed Plans.

Bitmine (BMNR), which previously focused on Bitcoin mining, first secured a $250 million public equity (PIPE) funding round to begin purchasing ETH.

Since then, he has not looked back, earning 1,150,263 ETH or more than $5 billion at the time of this writing.

The aggressive purchases are consistent with Lee’s seemingly immeasurable ETH price forecast. Calling $60,000 ETH. That’s a significant multiple of the current price.

After planning to raise $4.5 billion to accumulate assets, Lee and the company cheered them up $20 billion in August This is because Bitmine aims to expand its already-industrial leading Ethereum Treasury Department.

2. Sharplink Games

Gambling Marketer has become Ethereum Finance Company Sharplink Games It holds the second largest publicly traded ETH Ministry of Finance.

company Keep 728,804 ETHor its latest release, $3.2 billion, is 73% of the way to the first stated goal of accumulating ETH of 1 million people.

Sharplink’s existing business had no immediate connection with Crypto, but it brought a direct connection with Ethereum when it shaped the board. Company’s Chairman Joe Rubin He is the co-founder of Ethereum itself, founder and CEO of Ethereum Software Company, Consensys, and the maker of the popular Crypto Wallet. Meta Mask.

(Disclaimer: Consensey is one of the 22 investors of the editor. Decryption)

Lubin and the company are chasing Bitmine in the relentless pursuit of Ethereum and raising funds in a variety of ways, including Recent $400 million direct productsplans to collect more $6 billion from stock sales.

July, company Added BlackRock’s previous head of digital asset strategy Joseph Charom is the newly appointed CEO.

3. Ether Machine

There is no doubt about the business of ether machines. The company was made public through a merger Earlier this year, Ether Reserve, LLC and Blank Check Company.

The third largest Treasury Department on the list, the ether machine currently holds 345,362 ETH, or $1.5 billion at today’s ETH price.

Ether Machines said it had a duty to fund approximately 170,000 ETHs from Startup Capital and co-founder and chairman Andrew Kies, and to work on the ETH on-chain or create a “machine” to grow the stash and distinguish it from a more passive accumulation vehicle.

Recently acquired ETH worth approximately $40 million Use cash from previously established private placements. At the start, it was expected to draw in gross revenues of around $1.6 billion to be used to fund the purchase of Ethereum.

4. Coinbase

Leading American Crypto Exchange Coinbase maintains an investment of approximately $622 million or 136,782 ETH. Latest 10-Q filing. It’s over 20,000 ETH than it ended in 2024 When holding 115,700 ETH Based on the end of the 10-K filing.

The company also holds over 11,000 Bitcoin investments; Top public holders The biggest crypto assets.

beginning He participated in the open market in 2021Coinbase stocks It’s become the best newest ever In July 2025, crypto companies continued their successful streak alongside traditional stocks.

5. Bit Digital

Bitcoin Miner Bit Digital formed the Ethereum financial strategy in the second quarter of 2025. In just a few months, it jumped from 30,663 ETH at the end of June to 121,076 ETH as of August 11th, earning a valuation of over $530 million, and was added quickly.

As part of the transition, the company has finished its Bitcoin mining operations and is relocating funds to accumulate ETH. The national market did not respond strongly to the strategic shift as BTBT stock has only won 2.63% since the start of the year.

6. Ethira

Biotech Firm 180 Life Sciences has reformed the company to “Ethzilla.”

company We raised $425 million in late July It launched the Ministry of Finance, and as of August 12th, it has won 82,186 ETH, earning around $362 million at today’s ETH price.

Share in a few weeks Ethzilla (ATNF) quickly tripled After it was revealed that billionaire tech investor Peter Thiel and related entities have purchased a 7.5% stake in the company.

What is that unique name? Board Chairman McAndrew Rudisil said Decryption In July, it “focuses on becoming one of the world’s largest ETH owners.”

7. BTCSInc.

Blockchain Technology Consensus Solutions (BTCS) owned 70,140 ETH, worth approximately $309 million in mid-August.

The company boasts a proactive strategy to win more Ethereum, and uses what is called a “strong debt/traffic financial model” to create value for shareholders, making its ETH run in the chain.

In addition to acquiring ETH, the company strengthened its Treasury Ministry on three Ethereum bases A stubborn penguin August NFT.

BTCS recorded record revenue in the second quarter of $2.77 million, up 394% year-on-year. Stocks have grown almost 90% since the start of the year.