Ethereum treasury companies could expand their ETH holdings by another $27 billion

Ethereum-focused treasury companies, including BitMine and SharpLink, indicate plans to allocate roughly $27 billion toward additional ETH acquisitions, according to an analysis by crypto market commentator RiskOnBobby. The bulk of this planned investment comes from BitMine Immersion Technologies, which on Aug. 12 filed an amendment to expand its at-the-market (ATM) equity program by $20 billion. The post Ethereum treasury companies could expand their ETH holdings by another $27 billion appeared first on CryptoSlate.