Ethereum treasury sprint: ETH Strategy raises more than 12k ETH
The post Ethereum treasury sprint: ETH Strategy raises more than 12k ETH appeared on BitcoinEthereumNews.com.
ETH Strategy completes a pre-launch raise as it gears up to debut its on-chain protocol. So far, the project has raised a total of 12,342 Ethereum to date. How will it affect ETH in the long-run? Summary ETH Strategy is set to debut on-chain after raising $46.5 million in ETH. Institutional demand for ETH could lead to increased stockpiling action that drives the price up. However, ETH Strategy’s unlocking period could lead to slight corrections. The treasury protocol ETH Strategy recently completed a raise that has amounted to around $46.5 million in ETH (ETH), according to its report summary. The capital raise converted solely into ETH occurred across three categories: a private pre-sale, a public sale and a puttable warrant. The private pre-sale raised approximately 6,900 ETH. While the public sale amounted to 1,242 ETH. Lastly, the protocol offered investors a puttable warrant option, which resulted in 4,200 ETH in subscriptions. All three tranches come with a 4‑month cliff followed by a 2‑month linear unlock post token generation event. In total, the combined Ethereum accumulated from all three fundraising efforts equal to 12,342 ETH. As much as 11,817 ETH will be used solely for staking and protocol liquidity. Meanwhile, the other 525 ETH will be set aside for protocol growth, audits, contributor pay, community initiatives. Many traders on X praised ETH Strategy for building a fully on-chain ETH treasury through the protocol rollout. Some see the emergence of the treasury protocol as a strong signal that ushers in a new era of institutional appetite for ETH exposure. We are excited to share that ETH Strategy has raised a total of 12,342 ETH ($46.5M) to date. This concludes our prelaunch raise and marks the beginning of our phased rollout for the protocol. A summary of the raise and use of funds are detailed…
Filed under: News - @ July 30, 2025 6:25 am