Ethzilla Stock Tanks 15% After DAT Dumps a Quarter of its ETH Stash
Shares in the digital asset treasury slumped after it announced the sale of some of its Ethereum holdings. Ethzilla stock (ETHZ) tanked 15% on Tuesday following the company’s decision to sell $74.5 million worth of Ethereum to repay debts. Shares slid from just over $6 to an intraday low of $5.12. They were hovering around...
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