According to @MilkRoadDaily, public companies now hold approximately 2.6 million ETH on their balance sheets, worth about $11.7 billion at today’s price (Source: @MilkRoadDaily on X, Aug 26, 2025). The source notes the chart was nearly flat six months ago, indicating a sharp recent acceleration in corporate ETH accumulation (Source: @MilkRoadDaily on X, Aug 26, 2025). For traders, rapid treasury accumulation by corporates signals persistent spot demand and a shrinking freely tradable float, which can support ETH liquidity and price resilience during pullbacks (Interpretation based on the reported holdings trend; Source: @MilkRoadDaily on X, Aug 26, 2025). Monitor upcoming SEC 10-Q/10-K filings and corporate treasury disclosures for changes in ETH positions as confirmation of sustained institutional demand (Actionable focus derived from the reported holdings trend; Source: @MilkRoadDaily on X, Aug 26, 2025).

According to @rovercrc, 70 publicly listed companies collectively hold more than 4,000,000 ETH, highlighting expanding institutional exposure to Ethereum that traders should factor into supply and liquidity assessments for ETH spot and derivatives markets. Source: @rovercrc on X, Aug 25, 2025. This concentration of ETH in corporate treasuries may reduce freely tradable float if holdings remain inactive, a dynamic traders can monitor via exchange balance trends and order book liquidity when positioning around volatility or key levels. Source: @rovercrc on X, Aug 25, 2025.

According to Bobby Ong, companies are competing to accumulate crypto in the current cycle, and he expects countries to compete in the next cycle (source: Bobby Ong on X). Corporate accumulation is evidenced by US spot Bitcoin ETFs from issuers BlackRock (IBIT) and Fidelity (FBTC) publishing daily BTC holdings and creations since January 2024, alongside public-company BTC treasuries disclosed in SEC filings such as MicroStrategy and Tesla (sources: BlackRock iShares; Fidelity; U.S. SEC filings for MicroStrategy and Tesla). At the sovereign level, El Salvador’s government has publicly reported ongoing BTC purchases since adopting Bitcoin as legal tender in 2021, illustrating a pathway to state-level accumulation (sources: Government of El Salvador; National Bitcoin Office of El Salvador; statements by President Nayib Bukele). For trading, monitor daily ETF net flows from issuers, new SEC disclosures of corporate BTC buys, official government purchase announcements, CME Bitcoin futures basis, and on-chain exchange balances to gauge supply-demand pressure on BTC and ETH liquidity (sources: BlackRock iShares; Fidelity; U.S. SEC; Government of El Salvador; CME Group; Glassnode).

According to @MilkRoadDaily, public companies now hold $11.46B worth of ETH, which is over 2% of the total supply and described as growing fast (source: @MilkRoadDaily tweet on Aug 12, 2025). According to @MilkRoadDaily, this corporate treasury concentration signals ongoing accumulation that traders can factor into supply absorption and liquidity planning around ETH (source: @MilkRoadDaily). Using @MilkRoadDaily's reported threshold of more than 2% held by public companies, traders can monitor treasury disclosures and identifiable on-chain corporate wallets to confirm the trend and adjust risk for potential liquidity squeezes during directional flows (source: @MilkRoadDaily).

According to @Pentosh1, a new 425–575 million USD wave of corporate treasury buying may target Ethereum (ETH), shared via an X post with a link and chart on Aug 12, 2025 (source: @Pentosh1 on X, Aug 12, 2025). The post provides no accompanying audited filings or labeled wallet evidence, so the claim remains unverified at the time of posting and requires independent confirmation (source: @Pentosh1 on X, Aug 12, 2025). Traders seeking validation can monitor ETH spot order books and block trades for persistent buy-side imbalance on major venues that publish real-time depth and prints (source: Binance and Coinbase public order books). On-chain and derivatives checks include large exchange outflows and labeled institutional wallets plus funding rates and open interest to detect positioning stress and potential accumulation (source: Etherscan and Nansen for wallet flows; Binance and Bybit for funding rates and open interest).

According to @Matt_Hougan on the debut episode of @ProofOfThoughtX, hosted by @charlesodeiiii and @Braddendum, corporate treasury allocations are increasingly considering crypto ETFs as part of their diversification strategies, citing rising institutional acceptance and regulatory clarity as driving factors (Source: ProofOfThoughtX, YouTube, June 11, 2025). Hougan also highlighted that stablecoins are expected to play a significant role in facilitating U.S. debt transactions because of their liquidity and efficiency, which may influence both crypto adoption rates and the integration of digital assets into traditional financial systems. Traders should monitor ETF inflows, stablecoin supply trends, and regulatory updates for potential impacts on crypto market volatility and liquidity.