Institutional accumulation accelerates as Ether-focused treasury firms outperform the crypto market
Digital asset treasury stocks saw a strong rebound this week, with BitMine, Strategy, and SharpLink sharply outperforming the broader crypto market recovery. A fresh wave of institutional accumulation and strategic Ether purchases helped push these stocks higher, signaling renewed confidence in blockchain-aligned equities.
Digital Asset Treasury Stocks Show Faster Recovery Than Crypto
While the total crypto market cap rose just over 2% in the last 24 hours, several digital asset treasuries posted significantly stronger gains. BitMine Immersion Technologies led the rally with a nearly 20% jump, lifting its share price from just under $27 to above $31. The move came as Ether (ETH) reclaimed upward momentum.
Despite being down 50% since its early-October peak, BitMineās stock price remains up more than 600% since launching its Ether accumulation strategy in June ā a performance that has drawn new institutional attention.
SharpLink Gaming, the second-largest Ether-treasury company, advanced almost 6%, while Strategy (MSTR) added 5% to finish near $179. Market analysts noted that the stronger rebound in treasury stocks may act as an early indicator of broader ETH market strength.
āThese treasury companies arenāt showing signs of exhaustion yet. A proper reversal in these stocks could mark the beginning of a major ETH recovery,ā said one macro-market analyst.
BitMine Crosses 3% of Total ETH Supply
A major highlight of the week came as BitMine surpassed a key milestone, now holding over 3% of the total circulating Ether supply. Its current reserve stands at 3.63 million ETH, valued at roughly $10.6 billion.
According to recent company disclosures, BitMine accumulated 69,822 ETH during last weekās dip ā a move that executives described as part of a long-term expansion strategy.
Institutional interest is also accelerating rapidly. Nasdaq data shows that institutional ownership of BitMine soared from 6% to 31.7% within 13 days ā an unusually sharp increase for a treasury-based stock.
ETH Prices Recover but Remain Below Key Levels
Etherās price climbed about 3%, reaching an intraday peak near $2,980 before facing resistance. The asset remains 41% below its all-time high, reflecting the lingering effects of Novemberās liquidity shock.
Analysts warn that āimpaired liquidity and weak technicalsā may continue to weigh on near-term price action, even as treasury accumulation strengthens underlying confidence.
The rapid rebound in digital asset treasury stocks, combined with aggressive institutional inflows, suggests that large-scale ETH holders are positioning early, potentially setting the stage for a broader market shift.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.