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BTC $60,677.11 -0.72%
ETH $1,555.01 -3.11%
BNB $573.79 -0.82%
XRP $1.09 -1.54%
SOL $61.74 -5.24%
TRX $0.3217 +0.09%
DOGE $0.0812 -1.57%
ADA $0.1587 -0.76%
BCH $216.46 +0.20%
LINK $7.35 -0.33%
HYPE $58.38 -1.83%
AAVE $60.19 -4.09%
SUI $0.7143 +1.35%
XLM $0.2110 +10.95%
ZEC $352.51 +5.21%

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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