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TechFlow, Oct. 1 — According to PRNewswire, The Ether Machine, a Nasdaq-listed Ethereum treasury company, announced that its entire ETH treasury reserves have now been staked on-chain. To date, it has accumulated 1,350 ETH in net staking rewards, worth approximately $5.6 million, which will enable its shareholders to avoid paying asset management fees.
According to PRNewswire, Nasdaq-listed Ethereum treasury company The Ether Machine announced that its ETH treasury reserves have been fully staked on-chain, generating a total net staking yield of 1,350 ETH—worth approximately $5.6 million—enabling its shareholders to avoid paying asset management fees.
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