Bitcoin Leads the Way While Ethereum Needs to Close the Gap: The Emerging Crypto Treasury Strategy on Wall Street

Bitcoin's Dominance: Bitcoin (BTC) remains the leading asset in treasury allocations, with major companies like Strategy holding over $69 billion in reserves, while significant mining firms also accumulate large amounts of BTC.

Emergence of Ethereum: Ethereum (ETH) is gaining traction as a reserve asset, with companies like BitMine Immersion Technologies becoming the largest Ethereum treasury firm, holding over $7.50 billion in ETH.

Corporate Holdings: Public companies collectively hold approximately 1 million BTC valued at $110.25 billion and nearly 3 million ETH worth $13.22 billion, representing 4.77% and 2.7% of their respective total supplies.

Market Performance: As of the latest data, Bitcoin is trading at $110,152 and Ethereum at $4,433, both experiencing declines in value, while stocks related to these treasury firms have shown mixed performance.