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Peter Thiel and Founders Fund Have Fully Divested All Shares in Ethereum Treasury Company ETHZilla

2026-02-18 08:35

Odaily News According to a 13G filing submitted to the SEC, Peter Thiel and his affiliated entity Founders Fund have fully divested their 7.5% stake in Ethereum financial strategy company ETHZilla (ETHZ).

ETHZilla was renamed and pivoted to an Ethereum treasury model from biotechnology company 180 Life Sciences Corp. in August 2025. News of Peter Thiel's participation in the investment at that time drove its stock price up over 90% in a single day. The stock is currently priced around $3.2, down approximately 97% from its high of $107 in August last year.

In December last year, ETHZilla sold 24,291 Bitcoin, valued at $74.5 million, to redeem senior secured convertible notes. The company is now shifting towards RWA tokenization business. It recently acquired a portfolio of 95 housing loans for $4.7 million and plans to tokenize them on an Ethereum Layer 2. Additionally, it has acquired two CFM56-7B24 aircraft engines for asset tokenization. Currently, ETHZilla still holds 69,802 Ethereum, valued at approximately $139 million.