🔷💠Ether Machine Surpasses Ethereum Foundation in ETH Holdings as Corporate Demand Surges
📰Summary:
Ether Machine, a corporate asset management firm, has become the largest holder of Ethereum, surpassing the Ethereum Foundation. The company currently holds 334,757 ETH, valued at approximately $1.28 billion USD. This milestone came after a recent acquisition of 15,000 ETH worth $56.9 million USD, highlighting a growing trend among institutions to directly hold Ethereum rather than using traditional financial instruments like ETFs.
Ether Machine employs strategies such as staking and DeFi to generate returns from its ETH holdings. The firm also plans to list on NASDAQ in Q4 2024, aiming to provide retail investors with institutional-grade access to Ethereum.
Source:
AINVEST News - July 25, 2025
