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ETHZilla shares fall 2.53% premarket after announcing $100 million ETH deployment to EtherFi.
ByAinvest
Tuesday, Sep 2, 2025 8:34 am ET1min read
Ethzilla Corporation dropped 2.53% in premarket trading, with the company announcing its plans to deploy $100 million in ETH to EtherFi, a liquid restaking protocol. The company has accumulated 102,246 ETH at an average acquisition price of $3,948.72, valued at approximately $456 million. This strategic move aims to generate higher yields on its treasury holdings, marking ETHZilla's first engagement with DeFi protocols.
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