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Ethereum Ecosystem Explosion! Mysterious Company Splashes $654 Million for One Goal
This news reported by Reuters is absolutely shocking the entire community! Ether Machine, the recently merged company, has actually completed a $654 million private fundraising, and the method of financing is quite special, directly completing the transaction with 150,000 Ether.
Even more explosive is the identity of the investor. Jeffrey Berns, a staunch supporter of Ethereum, has directly invested a large sum and will also join the company's board of directors. This guy's confidence in Ethereum is evident, as he dares to place such a big bet.
But this is just the beginning! Ether Machine plans to go public on Nasdaq in the fourth quarter, at which point the company's balance sheet will be quite terrifying, with an expected holding of about 495,362 Ether, worth over $2.1 billion, plus $367 million in cash reserves.
Even more explosive is the identity of the investor. Jeffrey Berns, a staunch supporter of Ethereum, has directly invested a large sum and will also join the company's board of directors. This guy's confidence in Ethereum is evident, as he dares to place such a big bet.
But this is just the beginning! Ether Machine plans to go public on Nasdaq in the fourth quarter, at which point the company's balance sheet will be quite terrifying, with an expected holding of about 495,362 Ether, worth over $2.1 billion, plus $367 million in cash reserves.
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