Peter Thiel-backed ETHZilla sells $74.5 million of ETH to pay debt as it shifts away from DAT strategy
Less than six months after pivoting to an Ethereum-based digital asset treasury (DAT), the Peter Thiel-backed ETHZilla says it is refocusing on a real-world asset tokenization strategy after selling $74.5 million in ether to pay off debt. “As part of redeeming our outstanding senior secured convertible notes, ETHZilla sold 24,291 ETH,” the firm said Monday....
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