COINOTAG News reported on August 19 that recent disclosures from strategicethreserve have unveiled significant movements among treasury entities and their Ethereum holdings over the past month. Leading the pack, Bitmine Immersion Tech (BMNR) has increased its portfolio to 1.5 million ETH, translating to an impressive valuation of approximately $6.53 billion, marking a staggering 406.68% rise in holdings. SharpLink Gaming (SBET) follows, now possessing 728,800 ETH, worth around $3.12 billion, reflecting a 159.72% increase. Next, The Ether Machine (DYNX) holds 345,400 ETH, valued at about $1.48 billion, with a modest rise of 8.01%.
Interestingly, the Ethereum Foundation has seen its holdings decrease by 3.3%, now standing at 231,600 ETH, equivalent to approximately $993 million. Meanwhile, Bit Digital (BTBT) remains stable with 120,300 ETH, maintaining a valuation of $507 million. ETHZilla (ETHZ) and BTCS Inc (BTCS) round out the analysis with noteworthy increases of 15.2% and 113.16%, respectively. Such movements highlight the evolving landscape of institutional participation in the Ethereum market.