Corporate Treasuries Make Major Purchases of Ethereum and Solana This Year…Totaling $3.5 Billion

Source
Suehyeon Lee

Summary

  • It was reported that global corporate treasuries made major purchases of Ethereum (ETH) and Solana (SOL) this year.
  • Companies announced they added a total of 825,000 ETH (about $3 billion) and 2.95 million SOL (about $531 million) to their assets.
  • SharpLink Gaming accumulated the highest amount of Ethereum this year, and Upexi purchased the largest amount of Solana.
Photo=Unfolded
Photo=Unfolded

This year, global corporate treasuries have reportedly made large-scale purchases of Ethereum (ETH) and Solana (SOL).

According to Unfolded on the 24th (local time), companies have added a total of 825,000 ETH (approximately $3 billion) and 2.95 million SOL (about $531 million) to their assets this year.

Specifically, SharpLink Gaming accumulated the most Ethereum this year, and Upexi, a US consumer goods manufacturer, was revealed to have purchased the largest amount of Solana.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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