Founders Fund, founded by Silicon Valley mogul Peter Thiel, reduced its holdings of ETHZilla stock.

According to filings with the U.S. Securities and Exchange Commission (SEC), Founders Fund, a venture capital firm led by billionaire and top Silicon Valley investor Peter Thiel, held 928,389 shares of ETHZilla as of September 30, 2025, representing 5.6% of ETHZilla's stock. This represents a 1.9% reduction from the 7.5% stake reported on August 4.