US EditionEthereum Treasury News: Ether Machine (ETHM) Secures $654M in ETH From Blockchains’ Jeffrey Berns
Jeffrey Berns invested 150,000 ether, worth $654 million, to strengthen The Ether Machine's Ethereum reserve ahead of its Nasdaq IPO, expanding its treasury strategy.
- Jeffrey Berns committed 150,000 ETH worth about $654 million to The Ether Machine, Reuters reported, boosting the firm's ether treasury ahead of its Nasdaq listing.
- Formed through a recent merger, The Ether Machine initially sought more than $1.5 billion from institutional investors including Kraken, Blockchain.com, and Pantera Capital.
- The Ether Machine holds 495,362 ETH and reserves $367.1 million to acquire more, pursuing active treasury management through staking, restaking, and selective DeFi participation to boost on-chain returns.
- The Ether Machine is continuing fundraising and expects its Nasdaq listing to close next quarter via the SPAC merger with Dynamix Corporation.
- Positioned as a specialist Ethereum public vehicle, The Ether Machine reflects growing institutional ether exposure but filings warn of regulatory, liquidity and technical risks.
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13 Articles
The Ether Machine Announces Additional 150,000 ETH (currently valued at ~$654M) Invested In-Kind by Blockchains Founder Jeffrey Berns Ahead of Public Market Listing
Company previously announced $800M+ from institutional and strategic investors and an anchor investment in ether currently valued at ~$741M by Co-Founder...
Ether Machine Secures $654 Million Ahead of Nasdaq Debut – Digital News & Investigative Reports
The Details of Ether Machine’s Record Fundraising Ether Machine has raised $654 million in private financing, a milestone as the blockchain firm readies its Nasdaq debut next quarter. The deal was fueled by 150,000 ETH contributed by Ethereum advocate Jeffrey Berns, reflecting both confidence in the company’s strategy and in crypto-native fundraising models. The Role of the SPAC Merger The funding follows the merger of Ether Reserve and SPAC Dyn…
The Ether Machine acquired an additional 150,000 ETH in August, bringing its total reserves to approximately $2.5 billion and solidifying its position as the third-largest Ethereum (ETH) holder. The company, which is rapidly growing its Ethereum reserves… Ethereum Machine in Action: Reaches $2.5 Billion, Maintains 3rd Place...
Bitcoin.com
Cryptocurrency News | Cryptocurrency Prices | Market CapEther Machine Taps $654M Private Raise Before Nasdaq Launch – Crypto News Bitcoin News
Ether Machine secured $654 million worth of ether in a private round as it readies a planned Nasdaq listing later this year. The company disclosed the investment to Reuters on Tuesday. Ether Machine to Go Public With More Than $2B in Ethereum The financing comprises 150,000 ether ( ETH) from Jeffrey Berns, a longtime ether […]
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