- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The Ether Machine has announced an increase in holdings of 10,605 ETH, bringing the total holdings to 345,362 ETH.
BlockBeats News, August 4th, according to globenewswire, The Ether Machine and Dynamix Corporation (Nasdaq code: DYNX) jointly announced today that their subsidiary, The Ether Reserve LLC, has increased its holdings by 10,605 ETH at an average price of $3,781. This move is a key part of its long-term accumulation strategy. So far, the total amount of ETH purchased and locked up by the company since the beginning of this month has reached 345,362 ETH.
The funds for this purchase come from the $97 million cash reserve raised in the company's previously announced private placement financing. Following the acquisition of approximately 15,000 ETH last week to commemorate the tenth anniversary of Ethereum, this additional purchase marks a continued advancement in its strategic layout.
You may also like
Circle has been on the market for 270 days, working hard to shed the stablecoin label
Interpreting Stripe’s 2025 Letter: Despite the Crypto Winter, It’s Still Stablecoin Season
After Jane Street Halts 10% Sell-Off, BTC Sees Strong Rebound
Myanmar in Turmoil: The Sanctity of the Dollar, Trapped Youth, and the Underground Financial System
Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
How was the Backpack staking token swap established?
Can You Still Launch a VC Firm Today?
Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
WEEX AI Hackathon: $8B Traded, Real AI Strategies Proven
How profitable is AI trading in real crypto markets? WEEX's $1.88M global AI hackathon reveals $8B volume, 227% ROI, API strategy data, and why only 8 of 37 traders made profit.
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…
The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
February 25th Market Key Insights, How Much Did You Miss Out?
Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
App