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The Ether Machine (NASDAQ:DYNX) has secured an additional investment of 150,000 ETH (valued at ~$654M) from Blockchains Founder Jeffrey Berns ahead of its public market listing. This follows previous commitments of over $800M from institutional investors and an anchor contribution of 169,984 ETH (~$741M) from Co-Founder Andrew Keys.
The company's total ETH holdings and commitments now reach 495,362 ETH (~$2.16B), with an additional $367.1M available for further ether acquisitions, contingent on Dynamix shareholders not exercising redemption rights. Jeffrey Berns is expected to join the board upon the transaction's closing in Q4 2025.