The Ether Machine’s purchase of ETH was carried out through The Ether Reserve LLC, which is a special investment vehicle that was partially funded through a $97 million private placement. This new investment in has resulted in the acquisition or commitment of 334,757 ETH and still has reserves of $407 million for future purchases. This positions the company as one of the largest institutional holders of Ethereum among publicly traded companies.
With growing adoption, the Ether Machine now reflects the ecosystem’s strength and decentralization. Co-founder and chairman Andrew Keys described the strategy as more than just a financial move. “Ethereum is the foundation of the decentralized internet,” Keys said, adding that the firm’s goal is to “accumulate, compound, and support ETH for the long term.”
