Ether Machine wants to invest $ 1.6 billion in Ethereum

In April, Ethereum (ETH) still reached its lowest appreciation compared to Bitcoin (BTC) in more than five years. The roles have now been reversed. It is now ETH that shows substantial increases and makes a catch -up compared to his competitor. More and more companies also want to benefit from this. This also applies to the new The Ether Machine, which announced a billion -dollar plan.

Ether machine becomes the largest Ethereum investor

The Ether Machine announced that it wants to raise no less than 1.6 billion dollars, purely for the purchase of ETH. The company is founded by a merger with the listed Dynamix Corporation and will therefore appear directly on the stock exchange.

The raised money is used to put more than 400,000 ETH on the balance sheet directly during the launch. With the current rate of $ 3,820, this is good for around 1.53 billion dollars. This would make the company the largest public Ethereum owner. At the moment the mining company Bitmine Immersion Tech is at the top with a smaller position of 300,000 ETH.

The pipe of The Ether Machine is in the hands of Andrew Keys. He was previously CEO at Consensys, a company that was founded by Ethereum co-founder Joseph Lubin. If you want to buy shares, investors can only board in a few months. The listing of The Ether Machine under the Ticker symbol Ethm is planned for the fourth quarter of 2025.

Companies stack crypto

The action of The Ether Machine to start an ETH reserve fits within a wider trend. It was Michael Saylor’s strategy that started this first in 2020. He bought aggressive Bitcoin and currently owns no less than 601,550 BTC. This currently represents a value of $ 71.2 billion.

We now also see a turning point at Ethereum. For example, sports bet company Sharplink Gaming also announced a large entry last month. The company then announced an investment of 463 million dollars in ETH. It currently has 280,600 ETH and is therefore the second largest public Ethereum reserve.

Genius Act gives Ethereum a big boost

The rise in Ethereum does not come from nowhere. Last week the Genius Act was signed by Donald Trump. This law offers clarity about the management of stablecoins. This promotes both consumer protection and innovation in the sector. Ethereum is the network on which by far the most Stablecoin activity takes place. The law thus indirectly causes an increase in demand for the platform.