The way that public corporations see cryptocurrency is changing dramatically in 2025, moving from speculative investments to strategic assets. Ethereum and Bitcoin are now embedded in boardrooms, treasury models, and operational systems.
This article outlines 10 major companies that have increased their Ethereum and Bitcoin portfolios in 2025, marking a shift in corporate finance toward decentralized assets.
1. BitMine Immersion (NYSE: BMNR)
BitMine is now the world’s largest public ETH holder with 566,776 ETH (almost $2B). The company pivoted fully to Ethereum in 2025, staking its holdings and running a validator network.
2. SharpLink Gaming (Nasdaq: SBET)
Holding 360,807 ETH ($1.33B), SharpLink transitioned into Ethereum-powered iGaming. With Ethereum co-founder Joseph Lubin as chairman, the company is building ETH-based payout systems.
3. Coinbase Global (Nasdaq: COIN)
Coinbase holds 137,300 ETH ($507M) on its books. As a leader in ETH staking and infrastructure, Coinbase is deeply integrated into the Ethereum ecosystem.
4. MicroStrategy (Nasdaq: MSTR)
MicroStrategy remains Bitcoin’s biggest public backer with over 600,000 BTC ($30B). The firm continues its long-term Bitcoin strategy under Michael Saylor.
5. Bit Digital (Nasdaq: BTBT)
Bit Digital shifted from BTC mining to ETH accumulation. It now holds 120,306 ETH ($445M), operates validator nodes, and aims to be the top corporate ETH holder.
6. BTCS Inc. (Nasdaq: BTCS)
BTCS holds 55,788 ETH ($206M), mostly staked. It raised capital via ETH-linked bonds and operates validators, showing innovation in crypto-finance structures.
7. Galaxy Digital (TSX: GLXY)
Galaxy has 40,000+ ETH ($150M) used in custodial services, DeFi, and tokenization. Ethereum is a backbone to its infrastructure beyond just investment.
8. GameSquare Holdings (Nasdaq: GAME)
GameSquare owns 10,170 ETH ($37M), acquired after merging with FaZe Clan. The company uses NFTs and ETH staking in its Web3 fan engagement strategy.
9. Intchains Group (Nasdaq: ICG)
Chinese semiconductor firm Intchains holds 7,023 ETH ($26M), staked via Coinbase. It reflects traditional industries entering crypto through compliant routes.
10. Tesla (Nasdaq: TSLA)
Tesla still holds over 10,000 BTC. While not adding more since 2022, its position remains one of the largest for non-crypto-native firms.
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Conclusion
Bitcoin and Ethereum have moved beyond hype—they’re becoming pillars of corporate strategy. Ethereum’s utility is especially gaining ground, from staking to infrastructure. With over 1 million ETH now in public hands, more companies are sure to follow this decentralized path.
Written by Frank lin Owums
An enthusiastic crypto educator at Emostically, passionate about making blockchain and digital assets understandable for everyone — from beginners to seasoned explorers..
Disclaimer: This article is for educational purposes only and not financial advice. Always do your own research.
