Ethtry (LSE:ETHY) announced it had acquired 108.3253 ETH, using a limit price of £1,500 per ETH, as part of its digital asset treasury policy.
The aggregate deal consideration amounted to £162,488, settled in sterling.
It note that the Ethereum Treasury Policy aims to support the company's commercial and investment activities.
says the purchase strengthens its strategic reserve of ETH and was made under its internal treasury and risk management framework.
The board framed the move as disciplined capital allocation and said the additional ETH will be incorporated into its treasury strategy, including staking where appropriate, and
Director Steve Winfield 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."
Following the purchase, Ethtry holds a total of 925 ETH.
