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Treasury holding

The Ether Machine, corporate treasury, on Ethereum since July 2025.

UNCERTAIN: flagged rather than dropped. The SPAC merger with Dynamix Corporation that would have listed The Ether Machine as ETHM was mutually terminated around 2026-04-11, citing unfavourable market conditions; The Block still tracks the holding under the DYNX ticker and its own page is internally inconsistent about the outcome. Both the entity's listed status and the attribution of the holding should be treated as unresolved.

In the record

13

months from first observation to the record's assessment of August 2026

7

corporate treasury rows in the record, this one included

45

rows filed to Ethereum by their sources

What it bears on

R1Can we hold and administer this the way we hold everything else?

available

Qualified custody, fund administration and in-kind creation are available from named providers under existing mandates.

This requirement in the register, with evidence

R6Who is the counterparty when there is no counterparty?

needs design

An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.

This requirement in the register, with evidence

More corporate treasury deployments in the record

The record in full