Ethtry PLC (AQSE:ETHY), the UK-listed company which has implemented an Ethereum Treasury Policy to support the development and operation of its commercial and investment activities, has announced that it has purchased a further 108.3253 Ethereum (ETH) as part of the ongoing execution of its treasury strategy.
The Company has purchased 108.3253 ETH at a limit price of GBP 1,500 per ETH, representing a total consideration of approximately GBP 162,488. The transaction was executed through AMINA Bank in accordance with the Company’s internal treasury and risk management policies.
Following this purchase, Ethtry now holds a total of 925 ETH on its balance sheet.
The Board believes this further strengthens Ethtry’s Ethereum treasury position and reflects its continued conviction in ETH as a core strategic reserve asset. The purchase also demonstrates the Company’s disciplined approach to increasing its ETH exposure when market conditions present attractive opportunities.
The Company intends for the additional ETH acquired pursuant to this purchase to be incorporated into its treasury strategy, including staking where appropriate, in line with the Company’s existing Ethereum Treasury Policy and risk management framework.
Steve Winfield, Director of Ethtry, commented:“ETH remains central to Ethtry’s treasury strategy, and this further purchase allows us to increase our holding at what the Board considers to be an attractive level.We believe Ethtry is building a differentiated listed Ethereum treasury platform, combining direct ETH exposure with a disciplined approach to capital allocation and selected investment opportunities designed to support long-term shareholder value.”
The Company may continue to make further purchases of Ethereum at its discretion, subject to market conditions, available liquidity and the Board’s ongoing assessment of capital allocation priorities. Any material changes to the Company’s cryptoasset holdings will be announced in accordance with applicable regulatory requirements.
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
