The Ether Machine announced its subsidiary, The Ether Reserve LLC, had acquired an additional 10,605 Ethereum

6.08% Ethereum tokens at an average price of $3,781, marking its second major purchase in a week.

The move follows a 15,000 ETH buy commemorating Ethereum’s 10-year anniversary, though i saw a cex giving around $170K to celebrate the anniversary.

This brings the firm’s total holdings to over 345,000 ETH, worth roughly $1.2 billion at current prices.

According to Chairman Andrew Keys, the strategy isn’t just about accumulation: “We’re building a machine designed to grow Ethereum’s capital base,” he said, emphasizing active staking and

onchain deployment over passive exposure. Which narrative are they pushing ?