【Youtube紹介】[Update] ETHZilla: The Next MicroStrategy for Ethereum?!


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Here’s the current trading snapshot for ETHZilla (now trading under the ticker **ETHZ**) as of **Wednesday, August 20, 2025**:

## Stock market information for ETHZilla Corp (ETHZ)

* ETHZilla Corp is a equity in the USA market.
* The price is 5.14 USD currently.
* The latest open price was 6.5 USD and the intraday volume is 8552003.
* The intraday high is 7.05 USD and the intraday low is 4.89 USD.
* The latest trade time is Wednesday, August 20, 20:51:37 +0100.

### What’s Driving the Buzz Around ETHZ?

**1. Rebrand & Ethereum Treasury Pivot**
ETHZilla, formerly known as **180 Life Sciences (ATNF)**, has repositioned itself as a corporate vehicle for accumulating Ether (ETH). The company rebranded and began trading under the new ticker **ETHZ** on **NASDAQ**, effective **August 18, 2025** ([ETHZilla Corporation][1], [Investopedia][2]).

**2. Massive Fundraising & ETH Holdings**
ETHZilla raised approximately **$565 million** through a combination of PIPE and convertible note offerings. It has used a significant share of that to acquire **94,675 ETH** at an average price of **$3,902.20**, now valued at about **$419 million**. They also hold roughly **$187 million** in USD cash equivalents ([ETHZilla Corporation][1], [Stock Titan][3], [Investopedia][2]).

**3. Yield Strategy through Electric Capital**
To generate returns beyond mere appreciation, ETHZilla has partnered with **Electric Capital** to manage an on-chain yield program. This combines staking, lending, liquidity provision, and bespoke private agreements in an effort to outperform traditional ETH staking while maintaining risk controls ([Stock Titan][3]).

**4. Peter Thiel’s High-Profile Entry**
Media filings revealed that entities tied to **Peter Thiel** acquired a **7.5% stake** in ETHZilla. This announcement triggered a dramatic rally in the stock—shares soared by **over 90%**, with some reports suggesting intraday surges up to **200%** ([Yahoo Finance][4], [The Block][5], [CoinMarketCap][6], [Bankless][7], [Investopedia][2]).

**5. Community Debate on Stock Strategy: Buy the Dip or Hold Off?**
Investors are weighing whether ETHZ is hitched for a longer run or if heightened volatility still lies ahead. Some argue that further declines might present a compelling entry point, while others believe that the strong backing and ETH treasury strategy validate holding the current position.

### ETF and ETH Macro Dynamics

Though not specific to ETHZ, **Ethereum’s broader market context** influences sentiment:

* **Institutional ETF Inflows**: On a single day recently, U.S. spot ETH ETFs registered **$1 billion** in net inflows, with ETH ETFs amassing **$10.8 billion** total assets, indicating heightened institutional interest ([Gemini][8]).

* **Active Treasury Competition**: Other public-facing ETH treasury companies, such as **SharpLink Gaming** and **BitMine Immersion** (backed by Thiel’s Founders Fund), are aggressively scaling their ETH reserves via structured offerings (PIPE, ATM) and decentralized governance models ([Sharplink][9], [Mitrade][10], [Yahoo Finance][11], [AInvest][12]).

### Community Insight Highlights

Feedback from investors—especially online communities—reflects two prevailing perspectives:

“Issuing new shares via the ATM is not dilutive to shareholder value as ETH Concentration is increasing… each share will be associated with a larger amount of ETH.”
— r/SBETInvestors ([Reddit][13])

This reflects the theory that even if more shares are issued, ETHZ’s ETH reserves grow in tandem, potentially increasing the ETH allocated per share—akin to a leveraged ETH position.

However, skeptics caution that this approach amplifies both upside and downside. Without conviction in ETH’s price path, the stock could remain highly volatile.

### So — “Buy the Dip” or “Wait for Further Decline”?

* **If bullish on Ethereum’s future**: ETHZ presents a compelling vehicle—it offers regulated ETH exposure, yield potential, and growing treasury value. Buying dips could accumulate more ETH per share, particularly if the yield strategy proves effective and ETH appreciates.

* **If cautious about ETH volatility**: The stock is tightly correlated to Ether and broader sentiment. Waiting for a clearer technical setup, fund flow stability, or validation of the yield model could help de-risk entry.

**Bottom Line**: ETHZilla sits at the crossroads of crypto innovation and public markets—its dual exposure to Ethereum fundamentals and traditional equity makes it a powerful, but inherently volatile, play. Your move depends on your conviction in ETH’s long-term trajectory and appetite for short-term risk.

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