1 Reason to Buy Ethereum
Something very interesting happened for Ethereum (CRYPTO: ETH) investors this summer. Starting in May, new publicly traded Ethereum treasury companies appeared seemingly out of nowhere. All of them have one primary mission: to buy as much Ethereum as they can, as quickly as they can.
The impact these Ethereum treasury companies are having on the price of ETH is noteworthy. Over the summer, Ethereum more than doubled in value, to hit a new all-time high of $4,954.
More big gains could be ahead if the pace of buying from these companies continues. If there's one big reason to buy Ethereum, this is it.
Source Fool.com
