Bitcoin's Security Compared to Ethereum's Returns: Companies Embrace Mixed Treasury Approaches

More and more organizations are incorporating

and into their treasury management, motivated by their roles in hedging against inflation, generating returns, and gaining institutional credibility. By the end of 2025, the number of public companies holding Bitcoin exceeded 134, amassing almost 245,000 BTC in total. Ethereum’s uptake is also on the rise, with 73 firms holding 4.91 million ETH, amounting to $21.28 billion in value. This movement signals a larger shift, as both private and public sectors are modifying classic treasury models to include digital assets, capitalizing on their liquidity, diversification, and earning possibilities.

Bitcoin continues to be central to crypto treasury reserves, thanks to its limited supply, global acceptance, and effectiveness as an inflation shield. Companies such as MicroStrategy and El Salvador treat BTC as a strategic reserve, and the U.S. Strategic Bitcoin Reserve managed between 198,000 and 207,000 BTC as of September 2025. With only 21 million coins ever to exist and highly liquid international markets, Bitcoin serves as an accessible, inflation-resistant asset. However, it typically requires lending or derivatives for active yield, while Ethereum offers more direct earning opportunities.

Since transitioning to proof-of-stake, Ethereum has become both a store of value and a source of staking income. Treasuries can earn between 3% and 5% per year via staking ETH, which makes it attractive for organizations seeking passive yield. For example,

(SBET) reported total staking earnings of 3,240 ETH by September 2025, with 98% of its Ethereum assets staked. Additionally, Ethereum’s broad ecosystem—including DeFi, tokenized assets, and smart contracts—enables treasuries to access liquidity and engage with innovation while retaining their holdings.

An increasing number of firms are employing a mixed asset approach, holding both Bitcoin and Ethereum to balance security and growth. For instance,

Tech (BMNR) holds 192 BTC for capital security and stakes 2.07 million ETH to earn additional income. This strategy is similar to that of the U.S. federal government’s Strategic Crypto Reserve, which uses BTC for long-term preservation and ETH for income generation. This dual-asset strategy highlights how crypto is reshaping institutional portfolios by merging Bitcoin’s dependability with Ethereum’s versatility.

The movement toward digital assets in treasury management is backed by clear data. The number of companies with Bitcoin in their treasuries has grown from 70 at the end of 2024 to 134 by mid-2025. Ethereum’s high staking ratio demonstrates its productivity. SharpLink’s ETH holdings per diluted share have surged 98% since June 2025, indicating a strategic focus on Ethereum’s ecosystem. Although Bitcoin still dominates institutional reserves with a 57% share, Ethereum’s year-to-date gain of 31.7% surpasses Bitcoin’s 3.6%, showing rising trust in its expansion potential.

Despite these benefits, volatility and regulatory ambiguities remain challenges. Bitcoin’s price fluctuations can affect corporate balance sheets, and Ethereum’s staking rewards are influenced by network performance. Still, with the advent of ETFs and tokenized assets—such as U.S. government bonds on Ethereum—a more mature infrastructure is emerging, helping to reduce some of these risks. For firms like

, which reported $3.86 billion in ETH assets as of September 2025, the priority is to use digital assets to boost shareholder value through buybacks and earned staking income SharpLink Gaming Inc. ($SBET) Stock: Expands Buyback to 1.94M Shares While Ethereum Holdings Hit $3.86B [ 3 ].