[Edited out]
When big companies invest in sheet coins like Ethereum, the price of sheet coins may increase for a short time, but it will not be a long-term one.
I am pretty sceptical about ETH being bought as a treasury reserve.
The total yield, taking into account Staking, has been very negative over the last years.
It would be hard to convince anyone of the long-term value proposition of ETH.
Bitcoin treasuries might be a silly idea for most companies, but Ethereum treasuries are definitely a silly idea.
Bitcoin remains the most reliable and profiting coin that everyone would not regret holding both companies due to the massive increase in the value overtime, any company who want to make progress in the future will never choose ethereum over bitcoin, because ethereum is not promising as we thought. with this, I still doubt it if there is any company who would want to make ethereum a best choice of investment regardless to this unfulfilled promise that ethereum has made, rather they can only chose to diversify into ethereum after they most have stack enough bitcoin in thier portfolio.