Key Takeaways:
- The Ether Machine acquired 15,000 ETH for $56.9M, boosting its holdings to 334,757 ETH and surpassing the Ethereum Foundation.
- Corporate interest in Ethereum is surging, with firms like SharpLink and treasury entities acquiring ETH at twice the rate of Bitcoin.
- Standard Chartered forecasts treasury firms could control up to 10% of Ethereum’s supply, citing staking and DeFi as key incentives.
The Ether Machine has purchased 15,000 ETH for $56.9 million at an average price of $3,809, aligning with Ethereum’s 10-year anniversary and continuing its long-term accumulation strategy.
This boosts its total ETH holdings to 334,757, surpassing the Ethereum Foundation.
The Ether Reserve has purchased nearly 15,000 ETH today as part of our long-term accumulation strategy. This brings total ETH purchased and committed to 334,757 with up to $407,000,000 USD remaining for additional ETH purchases.
— The Ether Machine (@TheEtherMachine) July 30, 2025
"We couldn't imagine a better way to commemorate…
The firm, formed from a merger between The Ether Reserve and Nasdaq-listed Dynamix Corp., is set to go public under the ticker ETHM with a $1.6 billion fundraising goal, and retains $407 million for future ETH acquisitions.
Following this move, SharpLink Gaming acquired 11,259 ETH for $43.09 million, raising its total to 449,276 ETH, worth roughly $1.73 billion.
JUST IN: SharpLink Gaming buys 11,259 ETH for $43M, boosting total holdings to 449,276 ETH. pic.twitter.com/Le92iAvLXe
— ChainDesk (@ChainDesk_) July 31, 2025
Andrew Keys, Ether Machine’s co-founder, also donated $100,000 to the Protocol Guild, which supports Ethereum core developers.
According to a report from Standard Chartered, institutions are now acquiring ETH at twice the rate of Bitcoin, with treasury firms accumulating 1% of ETH’s total supply since June.
The bank projects this could rise to 10%, citing staking and DeFi as key attractions.
Ray Youssef, CEO of NoOnes, emphasized Ethereum’s growing role as infrastructure for institutional digital finance.
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Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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