The Ether Machine plans to go public through a merger with Dynamix

ChainCatcher news, the Ethereum treasury company The Ether Machine has submitted a draft registration statement on Form S-4 to the U.S. Securities and Exchange Commission (SEC), advancing its plans for a public listing in the United States. The company will go public through a business combination with the special purpose acquisition company Dynamix Corporation, which is currently traded on the NASDAQ under the ticker symbol ETHM.

Earlier this month, The Ether Machine announced that it had raised 150,000 ETH for its corporate treasury, bringing its total holdings to 495,362 ETH. According to SER data, The Ether Machine is currently the third-largest corporate ETH holder, following Bitmine Immersion Tech and SharpLink Gaming.