TechFlow, July 31 — According to an official announcement, The Ether Machine, an Ethereum treasury strategy company, has increased its holdings by approximately 15,000 ETH, bringing the total amount of ETH purchased and committed to hold to 334,757. The company stated that it still has up to $407 million in remaining funds available for further ETH purchases. Following this latest purchase, The Ether Machine has become the third entity whose ETH holdings exceed those of the Ethereum Foundation (233,600 ETH).
Previous report: U.S.-listed company Dynamix plans to establish Ether Machine with the intention of holding over $1.5 billion worth of ETH.
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