ETH news update: Will expanding corporate Ether treasuries send price to $2.8K?
Growth in companies adding to their ETH treasuries and the acceleration of Ethereum adoption in TradFi could send Ether price to $2,800.
Key point:
Ether price is showing strength as increasing demand from companies buying and building ETH treasuries accelerates.
BitMine Immersion Technologies and Bit Digital recently announced plans to make Ether (ETH) a part of their treasury strategy. Additionally, sports betting company SharpLink Gaming boosted its Ether holdings to 188,000 Ether after the latest purchase of 12,207 Ether in the week ending June 20.