The Ether Machine Kicks Off $463M ETH Treasury Strategy With $57M Purchase

coindesk.com/business/2025/07/31/the-ether-machine-kicks-off-usd463m-eth-treasury-strategy-with-usd57m-purchase

The Ether Machine, a crypto infrastructure firm preparing to go public via a merger with SPAC sponsor Dynamix, said it executed its first major ether (ETH) purchase, acquiring nearly 15,000 ETH for $56.9 million.
The transaction, at an average price of $3,809.97, marks the start of the…

This story appeared on coindesk.com, 2025-07-31 07:45:31.
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