Ether Machine secures $654 million in private ether funding ahead of Nasdaq launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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Source: Reuters
Ether Machine's Financing: The Ether Machine has raised $654 million in ether through private financing, with plans for a Nasdaq listing later this year, and will receive 150,000 ether from investor Jeffrey Berns, who will also join the board.
Future Plans and Fundraising: The company aims to go public with over 495,362 ether valued at $2.16 billion and is continuing to raise funds, with Citibank leading a new round expected to raise at least $500 million.
Analyst Views on ETHM
About ETHM
Dynamix Corporation is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which it refers to throughout this prospectus as its initial business combination. The Company plan to focus its pursuit for business combination opportunities with companies operating in the energy and power value chain. These include businesses focused across energy, infrastructure and renewable sectors, including participation in exploration and production (E&P), midstream, oilfield services, power and digital infrastructure. The Company neither engaged in any operations nor generated any revenues.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
