- CEO
- Andrea Bernatova
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 1980 Post Oak Blvd. Houston TX United States of America 77056
- IPO Date
- Dec 9, 2024
- Business
- Dynamix Corporation (NASDAQ: ETHM) is a blank check company, or special purpose acquisition company (SPAC), with no significant current operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the energy and power sectors, including traditional energy, power infrastructure, energy transition, digital infrastructure, and related opportunities such as compression, gathering and processing, geothermal generation, minerals and royalties, offshore services, oilfield services, upstream exploration and production, behind-the-meter distributed energy, flexible generation, grid management, high performance computing power, peaker power plants, power infrastructure solutions, stranded power to value, utility services, battery upcycling, environmental remediation, HVAC efficiency, landfill aversion, nuclear waste services, sustainable mining, waste management, water recycling and treatment. Incorporated in 2024 and headquartered at 1980 Post Oak Blvd., Suite 100, Houston, Texas, Dynamix operates primarily in the United States with a global investment perspective targeting cash-flowing assets prepared for growth amid rising energy demand driven by economic expansion, population increases, artificial intelligence, data centers, and onshoring of industrial manufacturing. In July 2025, Dynamix entered into a Business Combination Agreement with The Ether Machine, Inc. and related parties to merge with The Ether Reserve LLC, a digital asset entity accumulating substantial Ether holdings including over 495,000 ETH valued at approximately $2.16 billion as of September 2025 following an in-kind investment of 150,000 ETH from Blockchains founder Jeffrey Berns; the transaction includes Equity PIPE commitments of $197.1 million in cash and 67,121 Ether alongside Company Unit Subscriptions of $97 million in cash and 35,615 Ether, with shares expected to trade under ETHM upon completion targeted for the fourth quarter of 2025, additional Ether acquisitions bringing total purchased and committed Ether to over 345,000 ETH, a confidential Form S-4 draft registration submitted to the SEC, and earnout provisions for up to 8 million Pubco Class A shares based on post-closing stock price milestones; the company also recently changed its ticker from DYNX to ETHM in August 2025 to reflect the planned combination. Led by CEO Andrea Bernatova, Dynamix targets fundamentally sound operators with scalable models in sectors addressing supply constraints estimated at $79 trillion in global energy investments through 2050, supported by approximately $630 billion in U.S. capital for load growth and $50 billion for AI-linked power demand.