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BTC $63,072.35 +0.40%
ETH $1,882.86 +0.29%
BNB $608.84 +0.43%
XRP $1.00 +1.26%
SOL $75.55 +0.60%
TRX $0.3311 -0.36%
DOGE $0.0698 +0.15%
ADA $0.1774 -0.83%
BCH $203.60 -0.03%
LINK $9.52 +6.57%
HYPE $57.00 +1.24%
AAVE $86.48 +1.30%
SUI $0.6802 +0.48%
XLM $0.1584 +1.01%
ZEC $488.67 -0.39%

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

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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