{"id":7651,"date":"2025-08-13T10:54:05","date_gmt":"2025-08-13T10:54:05","guid":{"rendered":"https:\/\/bitunikey.com\/news\/peter-thiel-acquires-7-5-stake-in-ethzilla-driving-stock-up-207\/"},"modified":"2025-08-13T10:54:12","modified_gmt":"2025-08-13T10:54:12","slug":"peter-thiel-acquires-7-5-stake-in-ethzilla-driving-stock-up-207","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/peter-thiel-acquires-7-5-stake-in-ethzilla-driving-stock-up-207\/","title":{"rendered":"Peter Thiel acquires 7.5% stake in ETHZilla, driving stock up 207%"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Tech billionaire Peter Thiel has acquired a 7.5% stake in ETHZilla, marking his second investment into an Ethereum treasury company in recent weeks.<\/p>\n<div id=\"cn-block-summary-block_e852289e9c67edfac9629a0282898099\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Thiel and related entities purchased a 7.5% stake in ETHZilla (formerly, 180 Life Sciences)<\/li>\n<li>ETHZilla\u2019s stock jumped 207%, closing at $10.24 from $3.34 after the investment news.<\/li>\n<li>This follows Thiel\u2019s recent 9.1% stake in BitMine Immersion Technologies last month. <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Peter Thiel, a PayPal and Palantir co-founder, has made a significant investment in ETHZilla, a company formerly known as 180 Life Sciences that recently pivoted from biotech research to Ethereum (ETH) treasury management. <\/p>\n<p>According to a recent SEC filing, Thiel and related entities acquired a 7.5% stake in ETHZilla, which <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/ethzilla-ethereum-treasury-stock-skyrockets-202030123\/\" target=\"_blank\">currently holds<\/a> 82,186 ETH, valued at approximately $349 million, with an additional $238 million in cash equivalents. The company plans to hold the Ethereum long-term and stake it through Electric Capital\u2019s proprietary network strategies to generate yield for shareholders.<\/p>\n<p>Following news of the investment, the company\u2019s stock surged nearly 207%, closing at $10.24 compared to $3.34 close on Monday, as initially <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/ethzilla-ethereum-treasury-stock-skyrockets-202030123.html?guccounter=1\" target=\"_blank\">reported<\/a> by Yahoo! Finance. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Thiel doubles down on Ethereum with BitMine and ETHZilla<\/h2>\n<p>The stake in ETHZilla marks Thiel\u2019s second major crypto-focused investment in recent weeks. In mid-July, Thiel acquired a 9.1% stake in BitMine Immersion Technologies, a company that initially focused on Bitcoin mining but has since pivoted to building an Ethereum-centric treasury. <\/p>\n<p>BitMine, now led by Fundstrat founder Tom Lee, more than doubled its ETH holdings from a $250 million private placement just days before Thiel\u2019s investment. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p>\n<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech billionaire Peter Thiel has acquired a 7.5% stake in ETHZilla, marking his second investment into an Ethereum treasury company in recent weeks. Summary Thiel and related entities purchased a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7651","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7651"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7651\/revisions"}],"predecessor-version":[{"id":7653,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7651\/revisions\/7653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7652"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}