ETHZilla shares fall 2.53% premarket after announcing $100 million ETH deployment to EtherFi.
ByAinvest
Tuesday, Sep 2, 2025 8:34 am ET1min read
ETHZ--
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.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet