Ethereum’s Resilience Fuels After-Hours Rally in ETH-Linked Stocks

TradingKey – On Thursday, July 31, Ethereum (ETH) staged a sharp V-shaped rebound after briefly dipping below $3,700 in early trading. 

The move came despite the Federal Reserve holding interest rates steady for the fifth consecutive meeting, which initially triggered a broad crypto market pullback. ETH quickly recovered and is now trading back above $3,800, reinforcing its strength amid macro uncertainty.

ETH Price Chart – Source: CoinMarketCap

ETH-Linked Stocks Extend Gains in After-Hours Trading

Ethereum’s rebound helped push ETH concept stocks higher in the U.S. after-hours session:

• Bitmine Immersion (BMNR): +4.16% to $35.83
• SharpLink Gaming (SBET): +3.68% to $20.28
• GameSquare (GAME): +1.16% to $0.96
• Bit Digital (BTBT): +1.76% to $2.89

During regular trading hours:

• Bitmine surged nearly 8%
• SharpLink Gaming rose close to 3%
• GameSquare dipped slightly by 0.01%

ETH Treasury Leaders

As of publication, the two largest corporate holders of ETH remain:

• Bitmine Immersion: 625,000 ETH, valued at ~$2.7 billion
• SharpLink Gaming: 438,017 ETH, valued at ~$1.69 billion

These holdings continue to anchor their valuations and attract institutional interest, especially as ETH ETFs and treasury strategies tighten supply.