August 4 – Big news from the crypto world: The Ether Machine, through its subsidiary The Ether Reserve LLC, has just added another 10,605 ETH to its holdings. The purchase was made at an average price of $3,781 per ETH, pushing their total Ethereum stash to a massive 345,362 ETH.
This move is part of their long-term accumulation plan and was funded by a recent $97 million private placement. It follows their earlier buy of around 15,000 ETH last week, celebrating Ethereum’s 10th anniversary.
The company, backed by Dynamix (NASDAQ: DYNX), clearly isn't slowing down. They’re locking in ETH aggressively—showing strong confidence in Ethereum’s future.
Note: This is just news, not financial advice. $ETH