These moves are part of a broader trend, with several other firms preparing substantial capital outlays to increase their ETH holdings.
According to Strategic ETH Reserve data, 71 ETH-focused treasury firms hold 3.57 million ETH, valued at $16.68 billion. This represents approximately 2.95% of the total supply, highlighting how these corporate and institutional players steadily increase their Ethereum footprints.
So, if the planned acquisitions are executed, treasury-owned Ethereum could climb to around 10% of the total supply.