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BREAKING: Peter Thiel Fully Exits ETHZilla - What It Means
Billionaire Peter Thiel just dumped his ENTIRE stake in #ETHZilla - The company that tried to be the "MicroStrategy of Ethereum."
They raised $425M, hoarded 100,000+ ETH, got Thiel's backing... and now?
→ $ETH Crashed 65% in Last 7 Months
→ Forced to Sell ETH to Repay Debt
→ Holdings Down to 69,802 ETH
→ Thiel Exits with ZERO Shares
→ Company now Pivoting to... Jet Engine Leases?!
Copying MicroStrategy's Doesn't Work When Your Asset Won't Stop Bleeding.