Ether Capital Corp (TSE:ETHC) has released an update.
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Ether Capital Corporation experienced significant growth in Q1 2024, with a 62% increase in digital asset value and a 52.5% rise in revenue compared to the same quarter in the previous year. The company’s strategic shift to an ETF, managed by Purpose Investments Inc., is marked by a robust operational strategy focusing on staking Ether to generate yield. Shareholders’ equity also saw a substantial rise of 55.8%, with an increase per share from $4.02 to $6.35.
For further insights into TSE:ETHC stock, check out TipRanks’ Stock Analysis page.