The Ether Machine holds approximately 170000 ETH, surpassing Coinbase to rank fourth in Ethereum holdings

According to the latest data from Strategic ETH Reserve, The Ether Machine currently holds Ethereum worth $619.9 million (approximately 170000 ETH), surpassing Coinbase and PulseChain Sac to rank fourth among US listed companies in terms of Ethereum holdings. The total amount of ETH held by top institutions with over 100 ETH reserves in Ethereum has increased to about 2.04 million, worth approximately $7.45 billion. The Wall Street Journal previously disclosed that blank check company Dynamix has launched a physical merger transaction to establish "The Ether Machine" company, and the merged company plans to hold over $1.5 billion in ETH.