ETHZilla Plans Full Redemption of $516M Convertible Notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
0mins
ETHZilla announced that it intends to redeem in full its outstanding $516M in aggregate principal amount of convertible notes due 2028 on or by December 30. The redemption will be at a purchase price of 117% of the outstanding aggregate principal amount, plus accrued interest. The company said it is strengthening its balance sheet and streamlining its capital structure as it seeks to generate revenue from recent strategic initiatives.
Analyst Views on ETHZ
About ETHZ
ETHZilla Corporation (ETHZilla) is a technology company in the decentralized (DeFi) finance industry. The Company offers tokenization solutions, DeFi protocol integration, blockchain analytics, traditional to digital asset conversion gateways, and other decentralized finance services. It connects financial institutions, businesses and organizations worldwide by accessible blockchain transactions through Ethereum Network protocol implementations and various DeFi protocols. It brings traditional assets on chain by tokenization and through its proprietary protocol implementations. The Company facilitates DeFi transactions and asset digitization across multiple Layers 2 Ethereum networks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
