While Bitcoin remains the top pick for most corporate treasuries, a growing number of companies are now turning their attention to Ethereum. The firms are investing in Ether, the digital currency tied to the Ethereum network, to tap into the blockchain technology driving digital assets and decentralized finance.
Still, not every company sees Ethereum as a must-have. When asked if Strategy Inc. (NASDAQ: MSTR) would consider adding Ethereum to its holdings, Executive Chair Michael Saylor stated, “We’re 150% Bitcoin. That’s all we do.” According to Fundstrat’s Sean Farrell, Ethereum’s growing role in…
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