Ethereum holdings by public firms top $1.5 billion as shift from Bitcoin accelerates

A growing number of publicly traded companies are aggressively accumulating Ethereum (ETH), adding over $1.5 billion in holdings and pushing the cryptocurrency’s market capitalisation beyond $420 billion. This shift marks a significant reallocation of digital asset reserves away from Bitcoin and toward Ethereum, as firms pursue returns from staking, decentralised finance (DeFi), and on-chain finance.

Source: Invezz