Top 10 Companies and Wallets Holding Ethereum in 2025

ethereum

Ethereum has long been considered a crucial element in the cryptocurrency industry. Renowned for its flexibility and practical applications, it has become a preferred platform for developers, sometimes even surpassing the innovation of Bitcoin.

Despite its prominence, Ethereum has faced various challenges over the years. Geopolitical tensions, regulatory restrictions in China, and global economic uncertainties have all influenced the price of ETH. However, recent upgrades to enhance scalability and reduce transaction costs have significantly increased its appeal. Consequently, institutional investors and individual traders alike are now viewing Ethereum not just as a future-oriented investment but also as a valuable asset and a fundamental tool for developers working on its platform.

In this article, we delve into the top Ethereum holders based on wallet size, major public companies investing in ETH, and the reasons behind the growing interest in Ethereum among corporations in 2025.

According to data from Ethereum’s blockchain explorer Etherscan, the largest wallets predominantly belong to the network’s foundational infrastructure and major exchanges. The Beacon Deposit Contract stands out with a holding of 65,899,561.34 ETH, representing roughly 55% of the total supply. Following closely is Wrapped Ether with 2,298,153.30 ETH, accounting for approximately 2% of the supply. Other notable holders include Binance 7, Robinhood, and Binance Hot Wallet 20.

Public companies are also making significant strides in accumulating Ethereum. SharpLink Gaming leads the pack with 360,807 ETH, emphasizing the company’s focus on Web3 technologies. Bitmine Immersion and Coinbase Global, Inc. follow suit with significant holdings, signaling a shift towards Ethereum’s expanding ecosystem. These companies, along with others like Bit Digital and BTCS Inc., recognize ETH as a productive asset with the potential for long-term growth.

The appeal of Ethereum for these companies lies in its staking rewards and utility within decentralized finance (DeFi) platforms, gaming ecosystems, and infrastructure services. Ethereum’s proof-of-stake model offers a unique opportunity for companies to earn rewards while supporting essential operations. Additionally, platforms like Coinbase view ETH as a central component of their product offerings, further solidifying its value in the market.

As Ethereum continues to make upgrades to enhance transaction speed and reduce costs, the long-term prospects for the platform appear more promising than ever. With ETH currently priced at $3,660 and a market cap of $443.53 billion, Ethereum’s trajectory seems to be on a positive trajectory. Corporate accumulation of ETH suggests a future where Ethereum plays a vital role in shaping decentralized applications and becomes a staple on corporate balance sheets, a status few assets can claim.