5.3 Investments ETHZilla出售24,291枚ETH套现7,450万美元以偿还债务，业务重心转向RWA代币化。公司仍持有约69,800枚ETH，未来或继续出售ETH或进行股权融资。
ETHZilla以约3,068美元/ETH的均价出售了24,291枚ETH，套现约7,450万美元，用于赎回高级有担保可转换票据并管理债务。此次出售被视为优化公司资本结构的战略举措，标志着公司从积累数字资产转向通过现实世界资产（RWA）代币化业务提升营收和现金流。交易后，ETHZilla仍持有约69,800枚ETH，价值超2亿美元。公司宣布将停用mNAV仪表盘，表明其正从以加密金库为核心的叙事转向运营型商业模式。此次出售并非对以太坊看空，而是应对融资环境收紧和管理负债的需要。ETHZilla未来可能进一步出售ETH或进行股权融资，以支持其业务发展，这也反映出在市场环境挑战下，公开加密金库更重视负债管理而非资产积累的行业趋势。
ETH News: Peter Thiel-Backed ETHZilla Cuts ETH Holdings After Debt Redemption
Peter Thiel-Backed ETHZilla Cuts ETH Holdings After Debt Redemption
ETHZilla Offloads $74.5M in Ethereum to Fuel Major Bond Redemption
ETHZilla Sells Ether Holdings Amid Crypto Downturn Pressures
Peter Thiel-Backed ETHZilla Dumps $74.5M in ETH, Abandons Treasury Strategy – What Went Wrong?
ETHZilla liquidates $74.5M in Ether to redeem convertible debt
ETHZilla sells 24,291 ETH and moves full-time into RWAs
ETHZilla Corporation (ETHZ) stock: Dumps $74.5M in Ether as It Pivots From Crypto Treasury to Tokenized Real-World Assets
ETHZilla Sells 24,291 ETH for $74.5M to Redeem Convertible Notes
Peter Thiel-backed crypto stock sinks after repaying debt
ETHZilla Sells Large Amounts of ETH to Support Its Finances
Mystery Behind ETHZilla’s Bold Moves
US Ethereum Treasury Giant Just Sold $74 Million in ETH, Why?
Major Ethereum Treasury Company Forced to Sell $74 Million in ETH
ETHZilla ether sale highlights pressure on public crypto treasuries
ETHZilla reduces ETH stash to 69,800 after $74M sale tied to debt payoff
Peter Thiel-backed ETHZilla sells $74.5 million of ETH to pay debt as it shifts away from DAT strategy
ETHZilla sells $74.5 million of ether in effort to trim debt load
ETHZilla Redeems Bonds, Sells Ethereum for $74.5M
