MicroStrategy Becomes Largest Corporate Holder with 205K ETH Holdings

- MicroStrategy becomes largest corporate ETH holder with 205,000 ETH. - ETH price surges 16% in five days amid record ETF inflows. MicroStrategy (NASDAQ: MSTR) has become the largest corporate holder of Ethereum, now holding 205,000 ETH and trailing the Ethereum Foundation. On July 17, 2025, CoinDesk reported that the company purchased an additional 20,279 ETH for approximately $68 million. This purchase highlights a growing trend of institutional Ethereum accumulation, and the milestone coincides with a rally in Ethereum's price, fueled by robust demand and unprecedented inflows into spot exchange-traded funds (ETFs). On July 16, Ethereum ETFs recorded a single-day record with net inflows of $726.74 million, bringing July’s total inflows to $2.27 billion. Notably, BlackRock’s ETHA fund contributed heavily, registering $499 million in inflows that day. As institutional buyers accumulate more Ethereum, the cryptocurrency’s price has surged over 16% in five days to trade around $3,410. Institutional holdings now represent more than 4% of Ethereum’s circulating supply, adding momentum to market optimism. SharpLink Gaming's Ethereum strategy began earlier this year when the company unveiled a strategic reserve plan in May 2025, led by Joseph Lubin, an Ethereum co-founder and SharpLink’s newly appointed chairman. Reflecting this sentiment, SharpLink’s stock surged 113% in one week, closing at $37.38 on July 16. Other corporations are also diving into Ethereum. GameSquare Holdings (NASDAQ: GAME), for example, recently announced plans to raise $70 million to enhance its Ethereum reserves and will target yield opportunities through a partnership with an asset manager. Meanwhile, after securing $250 million in private funding and support from tech investor Peter Thiel, Exaion added 163,000 ETH to its wallet. These moves reinforce Ethereum’s growing reputation as a valuable corporate asset, a trend bolstered by institutional investment in ETFs. As of 18:18 UTC on July 17, CoinMarketCap reported that Ethereum (ETH) was trading at $3,428.66, reflecting a 2.53% increase in daily trading volume.