The ether machine (ETM)a crypto investment vehicle preparing to go public by a integration with Dynamix Corporation, Says On Tuesday it gained an additional 150,000 ether (Et)It costs about $ 654 million, from Jeffrey Berns, the foundchain founder.
The latest promise brings the company’s total ethics to owner or promise 495,362 ETH, worth about $ 2.16 billion, the press release said.
The firm also has up to $ 367.1 million reserved for additional purchases, thinking Dynamix shareholders do not redeem their shares before closing in touch.
Berns, who supports Ethereum as a platform for digital identity and infrastructure on the Internet, is expected to join the Board of the Ether Machine once the transaction ends next year. His investment follows a previously ancient promise of 169,984 eth ($ 741 million) From co-founder of ether machine and chairman Andrew Keys.
The firm also plans to pursue a third funding of funding at least $ 500 million along with Citibank leading the effort, Keys said in a interview with Reuters.
The Ether Machine is part of a growing roster of public companies that pursue a approach to obtain ETH, the second largest cryptocurrency. ETH treasury companies, led by Bitmine and Sharplink gaming, have already bought about 4% of token supply, a Dashboard by strategicethreserve.xyz shows.
Read more: Bitmine Immersion boosts ether holdings at $ 8.1b, with $ 623m cash for more purchases
