Ethtry (LSE:ETHY) bought 75 Ethereum on 5 June, taking its treasury to 1,000 ETH.
The UK-listed Ethtry, which has implemented an Ethereum Treasury Policy to support its commercial and investment activities, executed the purchase through AMINA Bank at GBP1,250 per ETH for a total consideration of GBP93,750 and says its entire 1,000-ETH holding is fully staked.
"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," Mike Murphy, Director of Ethtry, said.
The company says the staked ETH is intended to generate staking rewards while being maintained as a core strategic reserve under its treasury and risk management framework.
Ethtry added it may continue to make further purchases subject to market conditions and will announce any material changes to its cryptoasset holdings as required.
