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Peter Thiel Exits ETHzilla as Firm Pivots to Jet Engine Tokenization

Bitcoin.com

Bitcoin News / Bitcoin.com 386 Views

Peter Thielโ€™s Founders Fund has fully divested from ETHzilla Corp., exiting a 7.5% stake disclosed in August, according to a U.S. SEC filing. The sharp crypto downturn and the October 2025 flash crash forced the company to liquidate assets, selling more than $100 million in ether to fund buybacks and repay debt. A Volatile Transition […]
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