Ethereum Foundations ETH Holdings Rose Through 2021, Report Shows - BitcoinEthereumNews.com
EthereumEthereum Foundations ETH Holdings Rose Through 2021, Report Shows04 / 18 / 2022बिटकॉइन एथेरियम समाचार Ethereum Foundation, the nonprofit organization behind Ethereum on Monday disclosed its financial report for the year ending March 31, 2022. As per the report, the Ethereum Foundations treasury is now worth over $1.6 billion, with ETH being 80.5% of the total holdings. Moreover, the foundation has increased its ETH holdings in the financial year 2021-2022, with its valuation rising nearly 56%. Ethereum Foundation Increases Its ETH Holdings The Ethereum Foundations वित्तीय रिपोर्ट reveals an increase in Ethereum (ETH) holdings in its treasury. एक पिछली रिपोर्ट showed that as of March 2021, the foundation had 430k Ether valued at $826 million, when the price was trading near the $2k range. Whereas, as of March 31, 2022, the Ether in its treasury is now valued at $1.294 billion, a 56% increase since last year. However, the holding is just 0.297% of the total ETH supply. The valuation is based on the Ether price at $3k. Under its conservative treasury management policy, the Ethereum Foundation currently has 81.2% of its holdings in crypto, with ETH being 80.5%. On the other hand, the non-crypto holdings have risen to 18.8% worth $302 million. The Ethereum Foundation disclosed