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).