Ethereum treasury company The Ether Machine increased its holdings by approximately 15,000 ETH, equivalent to approximately $57.00M.

According to the official announcement, Ethereum treasury strategy company The Ether Machine has increased its holdings by approximately 15,000 $ETH, bringing the total amount of $ETH purchased and committed to holding to 334,757. The official statement indicates that its remaining funds are up to $407.00M, which can be used to further purchase ETH.

Previously, it was reported that Dynamix planned to merge with an entity to form Ether Machine, with plans to hold over $1.50B in ETH. [Odaily]