ETHZilla Sells 24,291 Ether for $74.5 Million to Redeem Debt
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 01 2026
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Source: PRnewswire
- Capital Raising: On December 19, 2025, ETHZilla sold approximately 24,291 Ether for $74.5 million, intending to use a significant portion of these funds to redeem outstanding senior secured convertible notes, thereby alleviating financial burdens and improving its capital structure.
- Future Strategy: The company indicated on December 22, 2025, that it plans to drive revenue and cash flow growth through its real-world asset tokenization business, a strategic shift that could impact its long-term market performance.
- Stock Price Reaction: Following the announcement, ETHZilla's stock price fell by $0.60, or 8.70%, to close at $6.30 per share on December 22, 2025, reflecting market concerns regarding the company's financial health.
- Legal Investigation: Pomerantz LLP is investigating whether ETHZilla has engaged in securities fraud or other unlawful business practices, which could negatively affect the company's reputation and future fundraising capabilities.
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.
