The Ether Machine has recently made significant moves. Its subsidiary The Ether Reserve LLC has just completed an ETH acquisition, purchasing 10,605 coins at an average price of $3,781. This operation is part of the company's long-term accumulation strategy, with the funding sourced from a previous $97 million private placement.
Looking at the performance from the beginning of this month to now, The Ether Machine's investment in ETH is quite substantial: the total amount purchased and committed has reached 345,362 coins. Based on the current average acquisition price, the market value of these over 340,000 ETH is impressive, reflecting the company's determination in its Ethereum asset layout.
As for the use of these ETH, the company has already made plans: primarily operating through staking and re-staking to generate returns.
At the same time, there are plans to leverage these assets to provide Ethereum infrastructure services to institutional clients, both revitalizing their digital assets and expanding their business segments. This layout can be said to balance asset appreciation and business expansion. $ETH