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Public Companies

The Ether Machine

🇺🇸 United StatesDYNXNASDAQ
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

ETH Holdings

The Ether Machine held ETH since July 2025.

ETH Holdings
496,712
$1.51B

Key Metrics

Market Cap
$185.3M
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

mNAV
0.12×
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

Volume (30d)
$202.6M
SPAC / de-SPAC Pending

Market cap, mNAV, and volume data may not accurately represent reality during the merger process.

About The Ether Machine

The Ether Machine is a newly formed company focused on providing institutional investors with access to Ethereum-based yield opportunities. It operates as an Ethereum yield and infrastructure company, offering staking, restaking, and decentralized finance strategies designed to generate ETH-denominated returns. The company aims to deliver compliant and secure exposure to Ethereum for public market investors. It was created through a business combination between The Ether Reserve, LLC and Dynamix Corporation, a NASDAQ-listed special purpose acquisition company, and will trade under the ticker symbol "ETHM."

In addition to yield generation, The Ether Machine plans to support the broader Ethereum ecosystem through strategic partnerships, open-source contributions, and educational efforts. The company also intends to offer infrastructure services such as validator management, block-building, and tailored yield strategies to institutional clients and Ethereum-native organizations. These activities will be governed by internal risk frameworks and regulatory compliance protocols. The leadership team includes professionals with backgrounds in Ethereum development, institutional finance, and digital infrastructure.

As of December 2025, it held 496,712 ETH valued at $1.51B.

The Ether Machine — ETH Holdings Over Time

0100K200K300K400KJul 2025Aug 2025Sep 2025Oct 2025

Historical Performance

Market Cap History

$174.8M$180.9M$186.9M$193.0M$199.0MJul 21, 2025Jul 24, 2025Jul 29, 2025Aug 1, 2025Aug 6, 2025

NAV History

$576.9M$598.9M$620.8M$642.7M$664.7MJul 20, 2025Jul 24, 2025Jul 28, 2025Aug 1, 2025Aug 5, 2025