Jan 25, 2026

ETHZilla Buys $12.2M Jet Engines After Liquidating $114.5M in Ethereum Holdings

TLDR: ETHZilla purchased two CFM56-7B24 engines for $12.2M through newly formed aerospace subsidiary ETHZilla Aerospace LLC.  The company sold $114.5M worth of ETH in recent months while shares dropped 97% from their August 2024 peak levels.  Aircraft engine leasing market projected to grow from $11.17B in 2025 to $15.56B by 2031 at 5.68% annual growth [...]

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Source: Blockonomi →