The Ether Machine has added 15,000 ETH to its balance sheet through a $56.9 million purchase, marking a return to its long-term accumulation strategy. SharpLink Gaming also made headlines with a $43 million acquisition of ETH, bringing its total holdings to 334,757 ETH, timed to celebrate Ethereum's 10th anniversary. Andrew Keys, co-founder of The Ether Machine, expressed excitement about deepening their commitment to Ether. The company, formed from a merger between The Ether Reserve and Dynamix Corp, is set to go public under the ticker ETHM, aiming for a $1.6 billion raise. With this latest purchase, The Ether Machine becomes the third-largest corporate holder of ETH, surpassing the Ethereum Foundation. Meanwhile, SharpLink's recent purchase of 11,259 ETH at an average price of $3,828 has increased its total holdings to 449,276 ETH, valued at around $1.73 billion. Reports indicate that corporations are now acquiring Ether at double the rate of Bitcoin, with expectations that Ether treasury firms could control up to 10% of the total ETH supply. Read more AI-generated news on: https://app.chaingpt.org/news

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