Dynamix, a blank check company, plans to merge and form Ether Machine, with plans to hold over $1.5 billion in ETH

On July 21st, according to sources cited by The Wall Street Journal, Dynamix, a blank check company, is preparing to merge with another entity to form a new company called "Ether Machine". The merged company plans to hold over $1.5 billion in Ethereum (ETH). The bet behind this plan is that under the leadership of the Trump administration, which is more friendly to the cryptocurrency industry, investors will continue to favor companies that invest large amounts of money in cryptocurrency assets.