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Thiel-backed ETHZilla soars 200%!

13.08.2025 04:20

Peter Thiel, the controversial billionaire investor known for his involvement in Palantir Technologies, a company often criticized for its data collection practices, has significantly increased his portfolio's exposure to the Ethereum ecosystem. A recently disclosed SEC filing revealed Thiel's substantial 7.5% stake acquisition in ETHZilla, a company managing a significant portion of Ethereum's treasury.

This unexpected investment sent shockwaves through the financial markets. The news, breaking on Tuesday, immediately propelled ETHZilla's share price to unprecedented heights. A staggering increase of over 200% was witnessed on that single day, showcasing the market's immediate and enthusiastic reaction to Thiel's involvement. The significant surge underscores the considerable influence Thiel holds within the financial world.

This strategic move by Thiel, a figure often associated with more traditional financial approaches, signals a potentially significant shift in perception regarding Ethereum's long-term viability and potential for growth. The massive share price jump reflects investor confidence boosted by the backing of such a high-profile and influential figure. Thiel's investment could very well attract further capital into ETHZilla and, by extension, the wider Ethereum network.

Analysts speculate that Thiel's investment might be driven by a belief in Ethereum's underlying technology and future applications, potentially indicating a broader trend of established investors embracing decentralized technologies. The substantial investment from a prominent figure like Thiel could act as a catalyst, accelerating the adoption and growth of the Ethereum ecosystem. The long-term implications of this investment remain to be seen, but the immediate market response clearly demonstrates its considerable impact.