Peter Thiel Exits ETHZilla, Company Sells $74.5M in ETH Amid Market Pressure
Once holding over 100,000 ETH, ETHZilla liquidated some to cover debt and repurchase stock. Peter Thiel and his Founders Fund have sold $74.5 million worth of ether (ETH) through ETHZilla Corp., fully exiting the company’s crypto treasury. The SEC filing confirmed Thiel’s entities no longer hold any shares in ETHZilla. The sale follows a…
