What is an Ethereum treasury?

An Ethereum treasury is when a company chooses to hold ETH, the native asset of the Ethereum network, as part of its balance sheet. It's similar to holding cash, stocks or other investments, and reflects a belief in ETH's future value or utility.

Why are companies investing in Ethereum?

Some companies invest in Ethereum to hedge against inflation, align with Web3 trends, or gain early exposure to the digital infrastructure of the future. Others see it as a strategic asset supporting DeFi, NFTs and decentralized applications.

Which company owns the most Ethereum in 2025?

As of mid-2025, SharpLink is reported to be the largest public holder of ETH after major purchases in July led to 280,000 ETH on its balance sheet.

Is it risky for companies to hold Ethereum?

Yes, Ethereum's price can be highly volatile, and regulatory risks are still evolving. However, for some tech-forward companies, the potential long-term gains and alignment with innovation outweigh these risks.

Should I invest in companies that hold Ethereum?

It depends on your goals and risk tolerance. These companies give you indirect exposure to ETH without needing to buy it yourself. Just make sure to research the company's financials and its ETH strategy.

How do Ethereum holdings affect stock prices?

When ETH rises, companies holding large amounts of it can see boosts in their share price. But the reverse is also true. The more ETH a company holds relative to its other assets, the more its stock price can be influenced by crypto markets.

Where can I see which companies own Ethereum?

Sites like CoinGecko and public filings from the SEC can help you find out which companies hold Ethereum. You can also check earnings reports or investor presentations for more details.

Kylie Purcell, Senior investments editor at Finder

Kylie Purcell

Senior investments editor

Kylie Purcell is the senior investments editor at Finder. She has a background in business and finance news with previous roles at SBS, Your Money, TVNZ, Switzer Group and The Adviser magazine. Kylie has a Masters in International Journalism and a Graduate Diploma in Economics. When she's not writing about the markets you can find her bingeing on coffee.