Ether Machine Secures Major Funding Round, Boosting Ethereum Treasury

The Ether Machine has announced a significant funding round of $654 million in Ether, significantly boosting its Ethereum treasury to over $2.16 billion. The investment comes from Jeffery Berns, a long-time Ethereum supporter who contributed 150,000 ETH to the firm’s portfolio. This is the largest follow-on investment ever made by a crypto treasury company, according to the company.