ETHZilla Sells Ether, Redeems Debt Amid Crypto Slump
Update: 2025-12-22
Description
ETHZilla, a crypto treasury company, sold Ether to pay off debt amid market downturn. The firm, formerly 180 Life Sciences, has seen its shares plummet since going public in 2020. Investors are feeling the heat as volatile token prices push treasury companies to cut debt. Other firms like Sequans Communications and Strategy are also repositioning by selling assets and raising funds. As Ether and Bitcoin pull back, expect more treasury companies to sell assets and strengthen their balance sheets in this uncertain market.
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