PANews reported on September 2nd that, according to Reuters, Ether Machine announced that it had secured 150,000 ether (approximately $654 million) in a private placement, with investment from longtime supporter Jeffrey Berns. The funds will be transferred to the company's wallet this week. Berns will join the board of directors. The company, formed through the merger of Ether Reserve and Dynamix Corporation, plans to list on the Nasdaq. It currently holds over 495,362 ether (approximately $2.16 billion) and $367 million in funding. Citibank continues to lead a new $500 million funding round.PANews reported on September 2nd that, according to Reuters, Ether Machine announced that it had secured 150,000 ether (approximately $654 million) in a private placement, with investment from longtime supporter Jeffrey Berns. The funds will be transferred to the company's wallet this week. Berns will join the board of directors. The company, formed through the merger of Ether Reserve and Dynamix Corporation, plans to list on the Nasdaq. It currently holds over 495,362 ether (approximately $2.16 billion) and $367 million in funding. Citibank continues to lead a new $500 million funding round.

Ether Machine secures $654 million in private Ethereum funding, led by Jeffrey Berns

2025/09/02 18:40

PANews reported on September 2nd that, according to Reuters, Ether Machine announced that it had secured 150,000 ether (approximately $654 million) in a private placement, with investment from longtime supporter Jeffrey Berns. The funds will be transferred to the company's wallet this week. Berns will join the board of directors. The company, formed through the merger of Ether Reserve and Dynamix Corporation, plans to list on the Nasdaq. It currently holds over 495,362 ether (approximately $2.16 billion) and $367 million in funding. Citibank continues to lead a new $500 million funding round.

Market Opportunity
Ambire Wallet Logo
Ambire Wallet Price(WALLET)
$0.01109
$0.01109$0.01109
-9.02%
USD
Ambire Wallet (WALLET) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.