ETHTRY PLC
("Ethtry" or the "Company")
Ethereum Treasury Purchase
Ethtry Plc (AQSE: ETHY), the
The Company has deployed
Following this transaction, Ethtry now holds a total of 816.6737 ETH on its balance sheet, acquired at a weighted average cost of
The Company further confirms that 750 ETH are currently in the process of being staked, and the additional 66.6737 ETH acquired pursuant to this purchase will also be staked in due course. Once fully staked, the Company expects its entire ETH holding to be positioned to support its treasury strategy through participation in Ethereum's native staking mechanism. Staking enables the Company to earn periodic ETH rewards, effectively generating a yield on its treasury holdings, while simultaneously contributing to the security and operation of the Ethereum network.
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Mike Murphy, Director of Ethtry, commented: "This latest purchase reflects Ethtry's continued conviction in Ethereum as a strategic treasury asset. With our treasury position growing to 816.6737 ETH and our holdings moving into staking, we are continuing to build a treasury platform designed to create long-term shareholder value and meaningful exposure to the Ethereum ecosystem." |
The Board believes that the disciplined expansion of the Company's ETH position, alongside the staking of treasury holdings, represents an important step in building long-term value for shareholders and further aligns Ethtry with the continued growth and adoption of the Ethereum ecosystem.
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).
The Directors of the Company accept responsibility for the contents of this announcement.
Enquiries
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Ethtry PLC |
Mike Murphy - mike@ethtry.com |
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AlbR Capital Limited |
David Coffman |
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IFC Advisory |
Graham Herring |
Important Notice - Ethereum Treasury Holdings and Risk Disclosure
Ethtry has adopted a Cryptoassets Treasury Policy outlining its intention, subject to market conditions, to allocate a portion of its future treasury reserves to Ethereum ("ETH"), including L2, and stablecoins (USDC, USDT, etc.). This policy has been prepared to comply with the Aquis Cryptoassets Policy and relevant provisions of the Financial Services and Markets Act 2000 (FSMA).
The Company holds cryptoassets and may continue to acquire these in the future as part of its treasury management strategy. The Company is not authorised or regulated by the Financial Conduct Authority ("FCA"), and investments in the Company's shares are not protected by the Financial Services Compensation Scheme ("FSCS") or the Financial Ombudsman Service ("FOS").
Shareholders should note that Ethereum, including L2, and stablecoins (USDC, USDT, etc.) are a high-risk, volatile asset class. Risks include significant price fluctuations, custody and cyber-security vulnerabilities, liquidity and counterparty risks, regulatory uncertainty, and the absence of statutory investor protection. Cryptoassets are high-risk investments, and investors should be prepared to lose all the money they invest.
The Company's full Cryptoassets Risk Disclosure, prepared in accordance with the Aquis Cryptoassets Policy, has been published on its website and is available upon request from the Company.
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