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Ethereum Treasuries Cumulative Market Cap Public Companies Holding ETH

Ethereum

The equity market capitalizations of the Ethereum treasury companies, stacked into one combined band chart.

Why it matters

It measures how the stock market prices the companies wrapped around Ethereum — not the coin itself.

How it is built

Each company's market capitalization (shares outstanding times share price) is drawn as a band and stacked over time.

What to watch

These equities often swing far more than the ETH they hold: leverage, dilution and sentiment amplify every move. Set against the value of the coins held, this reveals the premium the market pays for the corporate wrapper.

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