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Companies holding Ethereum as their treasury asset have now purchased more coins than the ETH issuance.
Golden Finance reports that Anthony Sassano (@sassal0x), the founder of The Daily Gwei, stated on X that the amount of ETH purchased by companies holding Ethereum as their treasury asset has exceeded the newly issued ETH. In the past 30 days, approximately 77,000 new ETH have been issued (with a net issuance of about 57,000 after accounting for burns). During the same period, Ethereum treasury companies purchased over 200,000 ETH.