The competition among treasury holdings in the Ethereum ecosystem is intensifying, as BitMine continues to maintain its leading position, even in the face of SharpLink's recent significant acquisition of Ether. This latest transaction from SharpLink highlights the growing interest and strategic moves among investors vying for a stronger foothold in the Ethereum market, but BitMine's current advantage suggests that it has successfully navigated the challenges of the space to stay in the lead.
source: https://www.coindesk.com/markets/2025/07/29/eth-treasury-race-heats-up-bitmine-still-ahead-despite-sharplink-s-latest-ether-purchase