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ethereum

Ether Machine Expands Ethereum Exposure, Adds 15,000 ETH In Latest Buy

Ash Tiwari
by Ash Tiwari
1 month ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary.

The Ether Machine Continues To Stack ETH

In a recent announcement, The Ether Machine confirmed it had purchased nearly 15,000 ETH for $56.9 million, at an average price of $3,809 per ETH. The acquisition coincides with a major milestone for the Ethereum network.

Related Reading: Ethereum Treasury Adoption Booms: 550,000 ETH Acquired By Corporates In A Month

For the uninitiated, The Ether Machine was established earlier this year through a business combination between The Ether Reserve and Nasdaq-listed Dynamix Corp. The transaction – set to close in Q4 2025 – aims to take the company public under the ticker symbol ETHM with a fundraising target of $1.6 billion.

The latest ETH purchase brings The Ether Machine’s total holdings to 334,757 ETH. According to the company, it still holds approximately $407 million in cash earmarked for future ETH acquisitions. Commenting on the development, Andrew Keys, Chairman and Co-Founder, stated:

We couldn’t imagine a better way to commemorate Ethereum’s 10th birthday than by deepening our commitment to Ether. We are just getting started. Our mandate is to accumulate, compound, and support ETH for the long term – not just as a financial asset, but as the backbone of a new internet economy.

It should be recalled that Keys recently made headlines for publicly favoring Ethereum over Bitcoin (BTC). He compared ETH’s dominance in the stablecoin space to Google’s dominance in search.

Notably, the 15,000 ETH purchase was funded from $97 million in cash proceeds raised through a previously announced private placement. The firm noted that additional ETH purchases are expected in the coming days.

Following the acquisition, The Ether Machine climbed to third place on the list of companies with the largest ETH reserves, according to data from StrategicETHReserve. It now trails only Bitmine Immersion Tech (625,000 ETH) and SharpLink Gaming (438,200 ETH).

eth
The Ether Machine ranks third among entities with more than 100 ETH in their treasury | Source: StrategicETHReserve.xyz

Ethereum Taking The Spotlight From Bitcoin?

While Bitcoin remains the largest cryptocurrency by market cap, Ethereum is increasingly drawing institutional attention. In 2025, numerous firms have begun adding ETH to their balance sheets.

Related Reading: Ethereum ETF Inflows Reach $296.6 Million In 24 Hours, Outpacing Bitcoin Products

For example, Nasdaq-listed digital asset firm Bit Digital acquired 19,683 ETH last week, bringing its total holdings to over 120,000 ETH. The company currently ranks seventh among firms with the largest ETH reserves.

Similarly, Ethereum-focused firm BTCS Inc. recently unveiled plans to raise up to $2 billion, with the bulk of proceeds intended for expanding its ETH portfolio. At press time, ETH trades at $3,777, down 0.2% in the past 24 hours.

ethereum
Ethereum trades at $3,777 on the daily chart | Source: ETHUSDT on TradingView.com
Featured image from Unsplash.com, charts from StrategicETHReserve.xyz and TradingView.com
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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