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Blank check company Dynamix plans to merge to form EtherMachine, plans to hold more than US$1.5 billion in ETH

Online reports that the Wall Street Journal quoted people familiar with the matter as saying that blank check company Dynamix is preparing to merge with another entity to form a new company called "EtherMachine." The combined company plans to hold more than $1.5 billion in Ethereum (ETH). The bet behind the plan is that under the more crypto-friendly Trump administration, investors will continue to favor companies that put large amounts of money into crypto assets.

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