According to Odaily Planet Daily, The Ether Machine, an Ethereum treasury company, has filed a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC), advancing its plans to go public in the United States. The company will go public through a business combination with Dynamix Corporation, a special purpose acquisition company (SPAC), which currently trades 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 in August, bringing its total holdings to 495,362 ETH. According to SER data, The Ether Machine is currently the third-largest corporate ETH holder, behind only Bitmine Immersion Tech and SharpLink Gaming. (The Block)