Blank check company Dynamix plans to merge and establish Ether Machine, intending to hold over $1.5 billion in ETH

ChainCatcher news, according to a report by The Wall Street Journal citing informed sources, the blank check company Dynamix (NASDAQ: DYNX) is preparing to merge with The Ether Reserve, LLC to form a new company called "Ether Machine." The merged entity will subsequently be listed on NASDAQ under the ticker symbol "ETHM." The merged company plans to hold over $1.5 billion in ETH.