Ether Machine, an institutional rating ETH (ETH) return and infrastructure company, announced that it will add 15,000 ETH to the recent balance table. This purchase was consistent with Ether Lee's 10th anniversary.
The ether machine continues to build ETH
In a recent announcement, Ether Machine has found that he bought almost 15,000 ETH for $ 56.9 million, an average of $ 3,809 per ETH. This acquisition matches the main milestone of the Ether Leeum network.
For beginners, the ether machine was established earlier this year with a business combination of the ETER reserve army and the Dynamix Corp listed on Nasdaq, which will be closed in the fourth quarter of 2025.
The latest ETH purchase provides 334,757 ETH with Ether Machine's Total Holdings. According to the company, we still have about $ 470 million in cash to acquire ETH in the future. Andrew Keys, the chairman and co -founder of the development, said:
We could not imagine a better way to commemorate Ether Leeum's 10th birthday than to deepen our devotion to ether. We are just starting. Our task is to accumulate, complex and support ETH in the long run as a backbone of the new Internet economy as well as financial assets.
It should be remembered that the key has recently been created recently Headline I prefer Etherrium more openly over BTC (Bitcoin). He compared ETH's dominance in the stablecoin space with Google's search.
In particular, 15,000 ETH purchases were funded by the previously announced personal deployment, and funded from $ 99 million in cash proceeds. The company pointed out that additional ETH purchases are expected in the future.
After the acquisition, Ether Machine went to third in the list of ETH reserves. Now only the Bitmine Immersion Tech (625,000 ETH) and the Sharplink game (438,200 ETH).
Is Ether Lee's attention in Bitcoin?
Bitcoin remains the largest cryptocurrency with a market cap, but Ethereum is drawing more and more institutional attention. In 2025, many companies started adding Eth.
For example, digital asset firms listed in NASDAQ acquisition Last week, 19,683 ETH, total reserves were brought to more than 120,000 ETHs. The company is currently ranked 7th among the largest ETH reserves.
Similarly, Etherum -centered company BTCS Inc. release We plan to raise up to $ 2 billion as a bulk profit of profits to expand ETH portfolio. In the press time, ETH falls 0.2% to $ 3,777 over the last 24 hours.
Chart of the main image of unsplash.com, Strategicethreserve.xyz and TradingView.com
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