August 22, 2025

ETHZilla Shares Plunge Almost 30% as Dilution Fears Overshadow $349M Ether Treasury

Shares of ETHZilla (ETHZ), formerly known as biotech firm 180 Life Science, fell nearly 30% Friday after the company disclosed that shareholders filed to offer up to 74.8 million convertible shares.The offering sparked concerns about dilution, a process …

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