Dynamix (DYNX) shares surged 31.7% in pre-market trading on July 21, 2025, rising to $13.50 from the previous close of $10.25.
Investors reacted to news of a definitive business combination agreement between Dynamix Corporation and The Ether Reserve, LLC, forming The Ether Machine, Inc. The deal will offer public investors exposure to Ethereum yield, with the new entity expected to trade as ETHM upon closing, anticipated in Q4 2025.