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    Bitwise Reports That 95% of Corporate ETH Purchases Occurred in Q3

    Ethan CarterBy No Comments3 Mins Read
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    Almost all Ethereum acquired by public companies thus far happened within a brief three-month period from July to September, according to recent statistics.

    This follows predictions from various crypto leaders that Ether’s (ETH) price might increase by up to 200% before the year’s end.

    “95% of all ETH owned by public companies was bought in the last quarter alone,” Bitwise Invest stated on Wednesday, regarding the $19.13 billion retained in public treasuries, which constitutes approximately 4% of Ether’s total supply.

    Cryptocurrencies
    Ether public treasuries added over 4 million ETH tokens in Q3 alone. Source: Bitwise

    As of September 30, of the 4.63 million ETH held on public company balance sheets, approximately 4 million were acquired during the third quarter, according to Bitwise.

    Will Q4 bring gains for Ether?

    The concentration of ETH purchasing in Q3 raises uncertainties about Ether’s outlook for the fourth quarter of 2025, historically considered Ether’s second-lowest performing quarter on average, as per CoinGlass.

    Ether (ETH) was trading above $4,300 prior to the significant sell-off in the crypto market last Friday, which resulted in over $19 billion in liquidations. It has since dipped below the critical $4,000 threshold, changing hands at $3,980, according to CoinMarketCap.

    Cryptocurrencies
    Ether is down 11.65% over the past 30 days. Source: CoinMarketCap

    Nevertheless, the fresh treasury narrative has led some analysts to anticipate a stronger-than-usual closing for the year.

    Currently, BitMine Immersion Technologies holds the largest share with around 3.03 million ETH, followed by Sharplink Gaming with 840,120 ETH and The Ether Machine with 496,710 ETH, according to StrategicETHReserve.

    Both BitMEX co-founder Arthur Hayes and BitMine chair Tom Lee have predicted that ETH will hit $10,000 by the end of the year, with Lee suggesting a potential rise to $12,000.

    Ether seen as the “top choice for institutions,” says Sharplink co-CEO

    Sharplink Gaming co-CEO Joseph Chalom remarked on Wednesday that he is “bullish” on Ethereum as it is “the best choice for institutions.”

    “It’s decentralized, secure, and its network is continually expanding,” Chalom stated.