The cryptocurrency market is witnessing a strong wave of investment from businesses, with companies like The Ether Machine and GameSquare continuously purchasing tens of millions of USD in Ethereum ($ETH ). This move not only increases the value of ETH but also demonstrates a sophisticated investment strategy, combining asset holding and optimizing on-chain profits.
The Ether Machine becomes the new giant of Ethereum
On August 5, The Ether Machine purchased an additional 10,605 ETH (40 million USD), bringing its total ETH holdings to 345,362 ETH (1.2 billion USD). With this amount, the company has surpassed #EthereumFoundation to become one of the three largest ETH-holding organizations in the world, only behind BitMine and SharpLink.
According to co-founder Andrew Keys, The Ether Machine is not merely a passive investor but a "machine designed to scale capital for Ethereum, enhance infrastructure, and support the most dedicated builders." The company plans to list on Nasdaq in Q4/2025 and expects to hold over 400,000 ETH at that time, becoming the largest public ETH-holding organization in the world.
GameSquare: Combining ETH and digital cultural assets
While #TheEtherMachine focuses on accumulation, GameSquare, a media and entertainment company, has a unique strategy. In addition to purchasing an additional 2,717 ETH (10 million USD), GameSquare also uses this ETH to earn on-chain profits with interest rates ranging from 8% to 14% and reinvests in its own stock.
Notably, #GameSquare has entered the NFT space by acquiring CryptoPunk #5577 for 5.15 million USD, considering it a strategic asset. This action shows that companies are increasingly diversifying their portfolios, not only limited to large coins but also expanding into digital cultural assets.
