Ether Capital’s Post

GM! #ethereum continues to gain mainstream traction and we're thrilled to be at the forefront of this movement. On June 10 Ether Capital shareholders will decide whether to transform the company into a staked ether ETF managed by Purpose Investments. Link to Management Information Circular https://lnkd.in/gPRk8QCT Link to Prelim prospectus https://lnkd.in/gbPZ38Jr Ether Capital Q1 2024 Highlights: Treasury: 46,274 Ether, 98% staked Asset value up 115% YoY to $227.4M, highest in 8 quarters! Revenue soared 52.5% to $1.8M, also a record high. Operating profit: $0.8M, a turnaround from last year's 1st quarter loss. As at May 13, 2024: #ether treasury was 46,352 total Ether and 33,034,320 shares issued and outstanding.

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