Ethereum

The Ether Machine (DYNX) invested $56.9M to acquire 15,000 ETH at an average of $3,809.97 per ETH, marking Ethereum’s 10th anniversary. This brings their total ETH holdings to 334,757, with $407M allocated for future purchases. This deployment from a $97M private placement signals a strong institutional commitment to ETH and positions DYNX as a significant accumulator. Concurrently, Chairman Andrew Keys donated $100,000 to Protocol Guild, supporting Ethereum’s core development.

SharpLink Gaming expanded its Ethereum holdings by acquiring 9,468 ETH, bringing its total to nearly 200,000 ETH. The company funded this through its ATM facility and plans further Ethereum accumulation, viewing it as a foundational currency for digital commerce. SharpLink also appointed Elevate IR as its investor relations agency to communicate its evolving strategy.

SRx Health Solutions (NYSE: SRXH) reallocated $1.5 million from Solana (SOL) to Ethereum (ETH), approved by Chairman Adesh Vora to boost treasury diversification and sustainable shareholder value. The move leverages Ethereum’s institutional adoption and perceived stability over Solana’s volatility, reflecting strategic agility. However, crypto market fluctuations and regulatory risks persist, potentially sparking investor concerns about capital exposure in volatile digital assets.