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Peter Thiel-backed crypto stock sinks after repaying debt

ETHZilla shares slid after the Peter Thiel-backed firm sold $74.5 million in Ether to repay debt.

Shares of ETHZilla (NASDAQ: ETHZ) fell on Dec. 22 after the company disclosed on Dec. 19 that it had sold $74.5 million worth of Ethereum (ETH) to redeem outstanding debt.
At press time, ETHZ was down by 7.61%, trading at $6.38. This was also a 26.30… [3106 chars]

Source: The Street | Published: 2025-12-22T20:27:38Z

Credit: The Street

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