- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Peter Thiel Double Downs on Ethereum, Acquires 7.5% Stake in ETHZilla
BlockBeats News, August 12, Billionaire Peter Thiel once again laid out his position in Ethereum. According to the latest SEC filing, Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).
180 Life Sciences (stock code: ATNF) saw its stock price rise over 11% at Monday's close, with a surge of about 57% in after-hours trading. The company announced its Ethereum treasury plan at the end of July. This Monday, the biotech company stated that it had sold $156 million of 2028 senior secured convertible notes to an institutional investor and had previously completed a $425 million private placement. The raised funds will be mainly used to purchase Ethereum, income-generating assets, and the company's online gaming (iGaming) business, while monetizing its existing biotech intellectual property.
BlockBeats previously reported that on July 16, in an SEC filing submitted later on Tuesday, Peter Thiel's Founders Fund Growth II Management disclosed that as of July 8, it held a 9.1% stake in BitMine Immersion Technologies.
You may also like
Wall Street's Most Mysterious Money-Making Machine, Crashing Bitcoin Price at 10 a.m. Sharp Every Day
Key Market Information Discrepancy on February 26th - A Must-Read! | Alpha Morning Report
How was the Backpack staking token swap established?
Can You Still Launch a VC Firm Today?
Claude Cowork Adds Scheduled Task, Jane Street Incident Continues to Stir, What's the Overseas Crypto Community Talking About Today?
Leveraging $6,000 to Move a $200M Market Cap? How Polymarket Creates an "Insider Trading Illusion"
WEEX AI Hackathon: $8B Traded, Real AI Strategies Proven
How profitable is AI trading in real crypto markets? WEEX's $1.88M global AI hackathon reveals $8B volume, 227% ROI, API strategy data, and why only 8 of 37 traders made profit.
Advantages and Challenges of Modern Cryptocurrency Trading Platforms
Key Takeaways: Modern cryptocurrency trading platforms offer enhanced security measures to protect user assets. User-friendly interfaces and comprehensive…
Original Article Unavailable: Bridging Cryptocurrencies and the Emerging Trends
Key Takeaways Cryptocurrency markets are increasingly woven into the fabric of global financial systems. With advancements in blockchain…
Untitled
I’m sorry, but I am unable to fulfill this request as it lacks specific content from the original…
The one who bought the Meta stablecoin Diem back in the day is a good friend of SBF.
February 25th Market Key Insights, How Much Did You Miss Out?
Dragonfly Partner Haseeb Conversation: The AI Apocalypse is Far Away; Smart Contracts are Machine-Destined Law
IOSG: DeFi Upward, User Downward; Curator's New Paradigm of CeDeFi
DDC continues to advance its Bitcoin reserve strategy, with a total holding of 2118 BTC
From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC
How Can Agentic Commerce Empower AI to Start Making Money?
App