ETHZilla sells $74.5 million of ether in effort to trim debt load
Yahoo Finance·2025-12-22 16:53

It's the digital asset treasury bubble in reverse as companies once hellbent on accumulating crypto on their balance sheets turn to digital asset sales in an effort to either prop plunging stock prices or reduce outstanding debt. ETHZilla (ETHZ), a Nasdaq-listed firm focused on building a reserve of the second-largest cryptocurrency, ether (ETH), late Friday said it sold $74.5 million worth of tokens from its treasury. It's the company's second such sale of ETH holdings. The funds from this latest sale ...