Short News View Non-AMP

Peter Thiel Exits ETHZilla Completely

Published by
Sohrab Khawas

Billionaire investor Peter Thiel and his firm Founders Fund have fully sold their stake in ETHZilla, reducing ownership from about 7.5 percent to zero by the end of 2025, according to SEC filings. The company had raised 425 million dollars to build an Ether treasury after rebranding from 180 Life Sciences, and Thiel’s backing once pushed shares above 174 dollars before they later fell sharply. Following market weakness and the sale of Ether to repay debt, ETHZilla shifted focus toward tokenized jet engine leases, while Thiel chose to step away completely.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Ethereum Staking Surpasses 80M ETH, Crossing 50% Supply

Ethereum’s Beacon Deposit Contract has reached 80.97 million ETH, now holding over 50% of the…

February 18, 2026

XRP Holds $1.48 as Traders Call Market Bottom

XRP is trading near $1.48, holding a $90 billion market cap, and remains the fourth-largest crypto…

February 18, 2026

Russia May Block Foreign Crypto Exchanges by Summer 2026

Russia could begin blocking foreign cryptocurrency exchange websites as early as summer 2026, according to…

February 18, 2026

Crypto Market Update Today: Bitcoin, Ethereum, XRP, Latest News and Price Data

In the past 24 hours, no major change has been seen in the crypto markets,…

February 18, 2026

Sam Bankman-Fried Says FTX Was Solvent at Collapse

Sam Bankman-Fried has argued that FTX was financially sound at the time it filed for…

February 18, 2026

Robinhood Launches $1B Fund to Let Retail Investors Buy Pre-IPO Shares

Robinhood Markets has announced a new plan aimed at giving everyday investors access to private…

February 18, 2026