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

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