FameEX Hot Topics | Public Companies Buy 4 Million Ethereum in Q3
2025-10-16 08:42:53Crypto executives are forecasting a significant rise in Ethereum's price by the end of the year, fueled by increasing corporate purchases, the growth of Ethereum in exchange-traded funds (ETFs), and a rising amount of Ethereum locked in staking. Bitwise Invest reported that public companies purchased 4 million Ethereum in the past quarter alone, which constitutes around 4% of the total Ethereum supply. This surge in corporate acquisitions has contributed to a positive outlook for Ethereum, with many anticipating continued growth in the coming months. Ethereum's future looks bright, as these corporate purchases are viewed as a key driver of the market’s bullish sentiment.
The concentration of Ethereum purchases in Q3 has raised questions about how the cryptocurrency will perform in the fourth quarter of 2025, historically one of Ethereum's weakest-performing periods according to CoinGlass data. However, despite this trend, many analysts remain optimistic about Ethereum's prospects. They point to the strong surge in corporate purchases and other underlying factors that could help fuel Ethereum’s growth in Q4. Before a major market-wide sell-off, Ethereum was trading above $4,300, showcasing the high volatility of the crypto market but also highlighting Ethereum's resilience. The market-wide liquidation, which triggered over $19 billion in liquidations, did not dampen investor confidence in Ethereum. As of September 30, public companies held a total of 4.63 million ETH, further strengthening the case for Ethereum's potential price increase.
Some analysts believe that the influx of corporate Ethereum purchases, also referred to as the "new treasury narrative," could lead to an especially strong finish for the year. Among the largest corporate holders of Ethereum, BitMine Immersion Technologies currently holds around 3.03 million ETH. Other major holders include Sharplink Gaming with 840,120 ETH and The Ethereum Machine with 496,710 ETH, according to StrategicETHReserve. These corporate entities hold a significant portion of Ethereum's supply, and their continued purchasing activity could contribute to upward price movement in the coming months.
Sharplink Gaming's co-CEO, Joseph Chalom, expressed his bullish stance on Ethereum, describing it as the “best choice for institutions” due to its decentralized nature, security, and the expanding growth of its network. Chalom emphasized that one of Sharplink’s primary objectives is to raise capital and accumulate as much Ethereum as possible, signaling that more institutional investors are likely to follow suit. As more institutions adopt Ethereum, the cryptocurrency's value could continue to rise.
Beyond corporate treasuries, analysts highlight other key factors that may contribute to Ethereum's price increase, including steady inflows into U.S. spot Ethereum ETFs and the large amount of Ethereum locked in staking contracts. Merlijn The Trader, a notable crypto analyst, pointed out that 40% of the total Ethereum supply is currently locked away, setting the stage for an Ethereum supercycle. Michaël van de Poppe, founder of MN Trading Capital, echoed this view, noting that the ETH/BTC market has just begun its upward trajectory, with much more potential for growth in the future.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.