Summary
- Ether Machine reported that it has adopted Ethereum (ETH) as a long-term financial strategy and made an additional purchase.
- Ether Reserve LLC announced that it additionally acquired 15,000 ETH at a purchase price of $3,809.97 per ETH, increasing its total holdings to 334,757 ETH.
- The company stated that it still maintains plans to raise up to $407 million for additional purchases.
Recently, Ether Machine, which announced it would adopt Ethereum (ETH) as a long-term financial strategy, made an additional purchase of Ethereum.
According to Wu Blockchain on the 31st (local time), Ether Machine's subsidiary Ether Reserve LLC bought an additional 15,000 ETH at a purchase price of $3,809.97 per ETH. The total purchase amount is approximately $56.9 million (about ₩7.9 billion).
With this transaction, Ether Machine's total Ethereum holdings have increased to 334,757 ETH, and the company still plans to raise up to $407 million for additional purchases.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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