Ethereum Treasury Companies represent a strategic shift in corporate finance, blending digital asset adoption with traditional capital markets. Key firms like SharpLink, BitMine, and Bit Digital deploy equity capital into ETH, generate yield through staking and DeFi, and aim to compound value. Their premium valuations reflect investor optimism—but also expose them to market, operational, and regulatory risks. For investors, these companies offer easier institutional access to ETH exposure, but don’t escape underlying volatility and execution challenges. The impressive growth in corporate ETH treasuries, institutional ETF inflows, and mainstream momentum underscore Ethereum’s evolution from a speculative asset to a macro-grade financial infrastructure.