May 4, 2026

Billionaire Peter Thiel fully exits ETHZilla, sells stake

Bitcoin News Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

Billionaire Peter Thiel has completely exited his investment in the Ethereum treasury firm ETHZilla, selling his entire stake. This move aligns with his recent emphasis on Bitcoin over Ethereum in his statements regarding crypto asset selection. Ethereum, meanwhile, maintains a strong position in the smart contract platform market, continuing to progress with its scaling upgrades.

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