At a reference price of $1,880 per ETH drawn from Coinbase data, this stake alone was valued at roughly $10.9 billion. When combined with other assets, the firm’s overall portfolio of cryptocurrencies, cash, marketable securities, and strategic investments reached $11.3 billion. These Ethereum holdings equate to approximately 4.8% of the network’s total supply, estimated at around 120.7 million ETH. The firm has maintained a consistent pattern of weekly purchases since launching its Ethereum treasury strategy. The update underscores the scale of corporate interest in holding and staking Ethereum as part of long-term treasury strategies.