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BTC $64,061.08 -0.59%
ETH $1,860.85 -0.32%
BNB $566.59 +1.01%
XRP $1.09 -0.57%
SOL $73.91 -0.80%
TRX $0.3297 -0.15%
DOGE $0.0698 +1.52%
ADA $0.1635 -0.78%
BCH $210.51 +0.99%
LINK $8.36 -0.07%
HYPE $57.52 -1.56%
AAVE $90.85 -3.36%
SUI $0.7073 -2.05%
XLM $0.1780 -1.36%
ZEC $477.90 -3.77%

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
Collection

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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