12.08.2025 23:49
Peter Thiel, the renowned entrepreneur and investor, has significantly boosted ETHZilla's stock price by acquiring a 7.5% stake in the company. This investment triggered a dramatic surge, with the stock price more than tripling within hours. The substantial increase underscores Thiel's ongoing confidence in the Ethereum ecosystem.
Previously operating as 180 Life Sciences, ETHZilla has undergone a dramatic transformation, refocusing its business model on Ethereum holdings. This strategic pivot has proven remarkably successful, attracting considerable interest from major investors. The company's new direction, coupled with Thiel's involvement, has solidified its position in the crypto market.
Thiel's investment in ETHZilla isn't an isolated incident; his venture capital firm, Founders Fund, recently made a substantial investment in another crypto-focused entity, BitMine, accumulating over $5 billion worth of Ethereum. This demonstrates a significant commitment to the cryptocurrency space and further strengthens Thiel's influence on the market. The substantial investments highlight Thiel's conviction in Ethereum's long-term potential.
The remarkable success of ETHZilla's stock price following Thiel's investment underscores the significant impact that high-profile investors can have on cryptocurrency-related ventures. This case serves as a compelling example of the power of strategic investment and the growing influence of traditional finance in the decentralized world. Information regarding the stock price change of BitMine, another company Thiel's firm invested in, was unavailable from internet sources. This highlights the volatility and data limitations inherent in the cryptocurrency market.
