TOTAL STRATEGIC $ETH RESERVE HITS $8.6B
2.31 million ETH / $8.6 billion in the Strategic ETH Reserve and the trend is up only! Accelerate! https://t.co/ncuAbN0Kvp
STRATEGIC ETH RESERVE CLIMBS TO $8.6B WITH 61 ENTITIES ONBOARD The strategic Ethereum reserve has grown to $8.6 billion, now backed by 61 participating entities. The accumulation underscores rising institutional confidence in ETH as a core digital asset. Source: @WhaleInsider https://t.co/RbKBAzwt5e https://t.co/CT8TE3DzVZ
The Strategic Ethereum (ETH) Reserve has reached a valuation of $8.6 billion, supported by participation from 61 entities, reflecting growing institutional interest in Ethereum as a key digital asset. The reserve currently holds approximately 2.31 million ETH, with the accumulation trend continuing upward. This development coincides with ETH treasury firm BitMine's intensified efforts to acquire 5% of the total ETH supply, contributing to a 4% increase in Ether's market price. Additionally, ETH Strategy, Ethereum’s first autonomous treasury protocol, has completed its initial raise of 1,242 ETH (approximately $4.5 million) to initiate its on-chain operations, marking the beginning of Ethereum's treasury era.