Top holders of Ethereum among treasury companies and institutions
According to BlockBeats, data from strategicethreserve highlights the leading organizations by their ownership of Ethereum among treasury companies and institutions. Bitmine Immersion Tech (BMNR) ranks first, currently holding 4.07 million ETH. SharpLink Gaming (SBET) ranks second with 863,020 ETH. Ether Machine (ETHM) is third, holding 496,710 ETH.
It was previously reported that Trend Research, a secondary investment institution managed by Yilihua, increased its Ethereum holdings by 46,379 ETH through leveraged loans. Since the beginning of November, when the price was $3,400, Trend Research has accumulated approximately 580,000 ETH. The average cost per ETH is approximately $3,208, and the current position is estimated with an unrealized loss of approximately $141 million.
Trend Research's holdings of Ethereum exceed the asset amount of The Ether Machine, placing it directly below Bitmine and SharpLink. Additionally, Yilihua announced plans to allocate another $1 billion for further increasing Ethereum purchases.$ETH
