Peter Thiel sells entire stake in Ethereum treasury ETHZilla through Founders Fund
Peter Thiel's Founders Fund has completely sold its stake in Ethereum treasury firm ETHZilla.Summary
Billionaire venture capitalist Peter Thiel and his firm, Founders Fund, have fully divested their entire stake in ETHZilla, a company whose core treasury asset is Ethereum. Founders Fund had previously acquired a 7.5% stake in ETHZilla in August. The sale of all 11.6 million shares was reported as of December 31, 2025, marking a reversal of their earlier support for corporate Ethereum strategies. ETHZilla's stock has declined significantly, and the company faces financial headwinds, including negative operating margins and high bankruptcy risk according to its Altman Z-Score. The firm, formerly known as 180 Life Sciences Corp, pivoted to an Ethereum treasury model in mid-2024 and recently launched ETHZilla Aerospace.
(Source：Crypto Briefing)