98% Treasury Allocated to Staking, and on-track to exceed C$98 million of treasury exposure to staking activities by early in the fourth quarter 2023
Management’s restructuring efforts are nearing completion and positions the Company towards being cash flow positive from an operating perspective and reaching profitability by the fourth quarter of 2023.
The Company continues to be active with its NCIB and has purchased a total of 261,400 shares as at September 12, 2023.
Net equity value per share as at September 12th is $2.96
TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or “the Company”) (NEO: ETHC), a technology company within the Ethereum ecosystem, today announced that the Company has successfully reached a corporate milestone in its mission towards securing the Ethereum blockchain in its allocation of an additional 9,120 ETH (having a current value of approximately C$19.7 million) to yield-generating staking activities.
The newly staked ETH will r
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