Group 1 - Ethereum has surged over 50% in the past month, reaching above $4600, while Bitcoin has only increased by over 1% in the same period [1] - Bitmine Immersion Technologies (BMNR) saw its stock price rise over 5% after announcing plans to sell up to $20 billion in stock to increase its Ethereum holdings [4] - Bitmine currently holds Ethereum valued at $4.96 billion, which is slightly more than 1.15 million tokens, aiming to acquire 5% of the total circulating Ethereum [4] Group 2 - Coinbase (COIN), another major Ethereum holder, has also seen stock price increases, holding over 100,000 tokens valued at over $500 million [5] - The strategy of holding cryptocurrency assets on balance sheets has attracted several companies, including GameStop (GME) and SharpLink Gaming (SBET) [5] - Circle Internet Group (CRCL) had a successful IPO in June, benefiting Ethereum as it is the preferred ecosystem for most stablecoin minting [5]