The Ether Machine today announced that its subsidiary, The Ether Reserve LLC, has increased its holdings of 10,605 ETH at an average price of $3,781. The 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 345,362 ETH. The company plans to operate these assets through pledges, re-pledges, etc., and provide Ethereum infrastructure services to institutions.
The Ether Machine increased its holdings by 10,605 ETH, bringing its total holdings to over 345,000
2025-08-04 12:16:00
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