ETHZilla sells $74.5 million of ether in effort to trim debt load [Yahoo! Finance]
ETHZilla Corporation (ETHZ)
Company Research
Source: Yahoo! Finance
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 are intended to redeem outstanding senior secured convertible notes under the terms of an agreement signed earlier this month, according to a Friday regulatory filing The company sold 24,291 ETH at an average price of $3,068, bringing company holdings down to roughly 69,800 ETH worth more than $200 million. ETHZ shares were lower by 4% on Monday, and have lost roughly 96% from their August highs. The latest maneuver underscores the ongoing pressure digital asset treasuries face. Many public firms that raised funds to buy digital assets earlier this year are now trading below the net asset value (NAV) of their holdings a
Show less
Read more
Impact Snapshot
Event Time:
ETHZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ETHZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ETHZ alerts
High impacting ETHZilla Corporation news events
Weekly update
A roundup of the hottest topics
ETHZ
News
- Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say [Yahoo! Finance]Yahoo! Finance
- ETHZilla Stock Sinks After $74.5M Crypto Sale Signaled DAT Retreat [Yahoo! Finance]Yahoo! Finance
- Peter Thiel-backed crypto stock sinks after repaying debt [Yahoo! Finance]Yahoo! Finance
- Major Ethereum Treasury Company Forced to Sell $74 Million in ETH [Yahoo! Finance]Yahoo! Finance
- ETHZilla Announces Appointment of Angela Dalton and Michael Edwards to Board of DirectorsPR Newswire
ETHZ
Sec Filings
- 12/19/25 - Form 8-K
- 12/18/25 - Form S-3
- 12/16/25 - Form 8-K
- ETHZ's page on the SEC website