Ether Machine Acquires 15,000 ETH, Surpassing Ethereum Foundation Holdings on Ethereum's 10th Anniversary

Ether Machine, backed by prominent investors such as Pantera Capital and Kraken, has announced the purchase of 15,000 ETH as part of its long-term treasury strategy. According to an official release, the company acquired ETH worth $56.9 million at an average price of $3,809.97 per token. This recent purchase brings Ether Machine's total holdings to 334,757 ETH, with an additional $407 million reserved for future Ethereum acquisitions. The timing of this accumulation coincides with Ethereum’s 10th anniversary. Over the past decade, Ethereum has demonstrated how value can move online by enabling permissionless innovation and open finance.

🧬 Ethereum turns 10 — from smart contracts to global finance.

Tune into the livestream with Vitalik, Lubin, Beiko & more. #Ethereum10 #Web3

— Cryptonews.com (@cryptonews) July 30, 2025

Ethereum is celebrating with a global livestream featuring Vitalik Buterin and other key contributors reflecting on its evolution from smart contracts to a foundational financial infrastructure.

Ether Machine Surpasses Ethereum Foundation in ETH Holdings

With this latest acquisition, Ether Machine has become the third publicly listed company with the largest ETH treasury, surpassing the Ethereum Foundation’s 234,600 ETH.

After this increase, The Ether Machine now holds more ETH than the Ethereum Foundation, becoming the third publicly listed company to surpass the Foundation's holdings, following Bitmine and SharpLink. pic.twitter.com/xsQAsBRXXM

— Wu Blockchain (@WuBlockchain) July 31, 2025

Ether Machine is a new investment vehicle preparing to debut on Nasdaq with an expected balance sheet of 400,000 ETH valued at approximately $1.53 billion. This follows a SPAC merger between the Ether Reserve and Dynamix Corporation, with the company set to trade under the ticker ETHM, as announced last week. “We are just getting started. Our mandate is to accumulate, compound, and support ETH for the long term – not just as a financial asset, but as the backbone of a new internet economy,” said Andrew Keys, Chairman and Co-Founder of The Ether Machine. While this accumulation did not directly affect short-term price movements, it reinforces Ethereum’s growing recognition as both a speculative and strategic asset. At press time, ETH is trading around $3,860, up 1% in the last 24 hours, according to CoinMarketCap.

Co-Founder Donates $100K to Ethereum Community Contributors

Andrew Keys emphasized that Ethereum’s success is owed to the relentless work of its core developers. To honor this, he announced a $100,000 donation to the Protocol Guild, a community-led initiative that funds Ethereum’s core protocol contributors. “This donation is a token of thanks to the stewards of the protocol, and a celebration of everything Ethereum has made possible over the past decade,” Keys added.

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Frequently Asked Questions (FAQ)

Q: What is Ether Machine? A: Ether Machine is an investment vehicle backed by prominent investors like Pantera Capital and Kraken, focused on long-term ETH treasury strategy. Q: How much ETH did Ether Machine recently acquire? A: Ether Machine recently acquired 15,000 ETH. Q: What is Ether Machine's total ETH holding after this acquisition? A: After the recent purchase, Ether Machine's total ETH holdings reached 334,757 ETH. Q: How does Ether Machine's ETH holding compare to the Ethereum Foundation's? A: Ether Machine's latest acquisition makes its ETH holdings surpass the Ethereum Foundation's holdings of 234,600 ETH. Q: When is Ether Machine expected to debut on Nasdaq and under what ticker? A: Ether Machine is preparing to debut on Nasdaq under the ticker ETHM. Q: Why did Andrew Keys donate to the Protocol Guild? A: Andrew Keys donated $100,000 to the Protocol Guild to honor the core developers of Ethereum and celebrate what Ethereum has made possible over the last decade. Q: What is the significance of Ethereum's 10th anniversary? A: Ethereum's 10th anniversary marks a decade of innovation, demonstrating how value can move online through permissionless innovation and open finance. Q: What is Ether Machine's long-term strategy for ETH? A: Ether Machine's mandate is to accumulate, compound, and support ETH for the long term, viewing it as the backbone of a new internet economy.

Crypto Market AI's Take

This significant acquisition by Ether Machine underscores the growing institutional recognition of Ethereum not just as a speculative asset, but as a foundational component of the digital economy. The timing, coinciding with Ethereum's 10th anniversary, highlights the platform's maturation and its role in enabling open finance and decentralized innovation. As major players continue to allocate substantial capital towards ETH, it signals a strong belief in its future utility and value proposition. For those looking to understand the broader market implications of such moves, our platform offers in-depth analysis of cryptocurrency trends and insights into institutional investment strategies. You can explore our AI-driven market analysis for more insights into how AI is shaping investment decisions in the crypto space.

More to Read:

• Ethereum at 10: Top Corporate ETH Holders
• The AI Gig Economy Is Here and It Pays in Crypto
• How to Evaluate Cryptocurrency

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Source: Originally published at Cryptonews on July 31, 2025.