The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments.
A major 99.45% of the foundation’s crypto holdings are in ETH, which represents 0.26% of the total ether supply as of that date. By prioritizing ETH for the majority of its treasury, the Ethereum Foundation said that it reaffirms its long-term commitment to the second-largest blockchain’s potential.
Ethereum Ecosystem Secures $22.2B in Total Treasuries
The primary purpose of the Ethereum Foundation’s treasury is to fund important public goods for Ethereum’s ecosystem for the long haul. To accomplish this, the non-profit organization maintains a treasury management strategy that safeguards its resources, even in the face of prolonged market slumps.
This includes periodically liquidating ETH to create financial reserves and boosting fiat savings during bull markets to support expenditures
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