Lates News

ETHZilla (NASDAQ stock code: ETHZ) announced a collaboration with existing convertible bond investors to raise an additional $3.5 billion through the issuance of new convertible bonds. The new bonds will have an annual interest rate of 2%. ETHZilla will receive excess interest income of approximately $500 million from the total interest-bearing securities portfolio. ETHZilla will continue to actively deploy capital in the Ethereum ecosystem, in addition to holding ETH, the company also generates cash flow by deploying cash balances into Layer 2 protocols, investing in US Treasury bonds and commercial paper, and exploring the tokenization of real-world assets. As of September 19, 2025, ETHZilla holds a total of 102,264 ETH and ETH equivalents worth approximately $462 million.