Ether Machine Reaches 345K ETH Treasury via Active Staking
The Ether Machine has grown its Ethereum treasury to 345,362 ETH (approx. $1.2B) after two major acquisitions this week, including a $40M buy of 10,605 ETH at $3,781 per coin and a 15,000 ETH purchase for Ethereum’s 10th anniversary.
Shifting away from passive holding, the firm actively deploys its Ethereum treasury through staking, restaking and DeFi protocols. Chairman Andrew Keys says on-chain participation is key to expanding capital and strengthening network security.
Now third in corporate Ethereum reserves behind BitMine (833,137 ETH) and SharpLink (480,031 ETH), The Ether Machine plans a Q4 SPAC merger to raise $1.6 B for further ETH purchases and to give traditional investors crypto staking exposure. The surge in institutional demand and reduced circulating supply may drive short-term price pressure, while active staking strategies support long-term yield and network stability. Traders should monitor corporate ETH buys, staking yields and SPAC-driven inflows for market signals.
Bullish
Large institutional ETH acquisitions signal growing demand and reduce circulating supply, creating upward price pressure in the short term. The shift to active staking and restaking boosts network security and yield prospects, fostering longer-term bullish sentiment. Additionally, a planned $1.6 B SPAC merger could inject fresh capital, further supporting ETH demand and market confidence.