ETHZilla Files for $350M Funding as Digital Asset Treasuries Grow

TLDR ETHZilla raised $350 million through convertible debentures to expand its Ethereum-focused treasury strategy. The company’s total debenture program value now reaches nearly $500 million after this new funding. ETHZilla holds 102,264 ETH worth approximately $462 million, alongside $559 million in cash and US Treasuries. The company plans to invest in Ethereum scaling protocols and [...]

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