Ethereum treasury companies accumulated more than 545,000 ETH over the past month, while institutional funds saw the fourth-highest weekly inflow on record.
The top Ethereum treasury companies scooped up at least $1.6 billion worth of Ether (ETH) in the past month, while institutional buying surged over the past week as Ether rallied.
Corporate Ether treasury companies accumulated more than 545,000 ETH over the past 30 days, according to recent purchase announcements.
On Monday, BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, announced that its total Ether holdings were 163,142 ETH, worth around $480 million at current market value.
