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ETH $1,558.83 -5.68%
BNB $572.90 -2.87%
XRP $1.08 -2.80%
SOL $62.51 -4.87%
TRX $0.3195 -1.74%
DOGE $0.0812 -2.73%
ADA $0.1559 -3.43%
BCH $216.30 -1.94%
LINK $7.32 -2.49%
HYPE $59.20 -4.18%
AAVE $61.53 -5.62%
SUI $0.7005 -0.95%
XLM $0.1996 +5.95%
ZEC $361.78 +18.10%

The Ether Machine increased its holdings by 10,605 ETH, with a total holding of over 345,000 ETH

2025-08-04 20:18:05
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ChainCatcher news, according to GlobeNewswire, The Ether Machine today announced that its subsidiary The Ether Reserve LLC has increased its holdings by 10,605 ETH at an average price of $3,781. This increase is part of the company's long-term accumulation strategy, funded by a previous $97 million private placement.

Since the beginning of this month, The Ether Machine has purchased and committed a total of 345,362 ETH. The company plans to operate these assets through staking, re-staking, and other methods, and provide Ethereum infrastructure services to institutions.

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