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ETHzilla Sells $74.5M in Ethereum to Reduce Debt and Strengthen Balance Sheet

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ETHzilla sold $74.5 million in Ethereum in December to reduce debt and strengthen its balance sheet. The move brought its ETH holdings down to 69,800, valued at $207 million. This follows a $40 million ETH sale in October to fund a stock buyback. The company is now focusing on financial stability over holding large crypto reserves. ETHzilla is considering equity offerings and shifting toward blockchain infrastructure and real-world asset tokenization. For those asking what is ETHzilla, the firm is a major player in the crypto space exploring new funding and strategic directions.
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