Peter Thiel-Backed ETHZilla Cuts ETH Holdings After Debt Redemption
ETHZilla sells $74.5 million in ETH holdings to redeem debt, shifts focus toward real-world asset tokenization, and reduces crypto treasury emphasis. ETHZilla has reduced its ether holdings following a major debt repayment move. The Peter Thiel-backed firm had a large sale of Eth in holdings. Moreover, the sale represents a strategic reorientation. Consequently, revenue-based growth...
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