Thiel-Backed

Peter Thiel-Backed ETHZilla Dumps $74.5M in ETH, Abandons Treasury Strategy – What Went Wrong?

Leave a Comment / Peter, Thiel-Backed / Admin

ETHZilla has sold 24,291 ETH for $74.5M to redeem secured convertible notes, trimming holdings to about 69,800 ETH. The Nasdaq firm has dropped its mNAV dashboard and has shifted disclosures to revenue and cash flow as shares have fallen about 96% from August highs. The post Peter Thiel-Backed ETHZilla Dumps $74.5M in ETH…

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Thiel-Backed Whale ETHZilla Dives Into Liquid Restaking, Injecting $100M ETH Into EtherFi

Leave a Comment / Thiel-Backed, Whale / Avery Clarkson

ETHZilla has deployed $100M of ETH into EtherFi, marking its first DeFi integration and entry into liquid restaking. The Nasdaq-listed firm has held 102,246 ETH, partnered with Electric Capital on on-chain yield, and has rebranded from 180 Life Sciences to focus on Ethereum. The post Thiel-Backed Whale ETHZilla Dives Into Liquid Restaking…

Thiel-Backed Whale ETHZilla Dives Into Liquid Restaking, Injecting $100M ETH Into EtherFi Read More »