• Peter Thiel’s Founders Fund dumps ETHZilla stake as ETH treasuries face pressure A new SEC filing shows Peter Thiel-linked Founders Fund entities now own zero ETHZilla shares, after disclosing a 7.5% stake in 2025. • Cointelegraph in your social feed Billionaire tech investor Peter Thiel’s Founders Fund has fully exited Ether treasury company ETHZilla, according to a Tuesday filing with the United States Securities and Exchange Commission (SEC). • Entities linked to Thiel nowreportowning zero shares in the company in a 13G amendment filed on Tuesday, afterdisclosinga 7.5% stake on Aug. • At that time, the group beneficially owned 11,592,241 shares of what was then known as 180 Life Sciences Corp., representing 7.5% of the 154,032,084 shares outstanding and worth about$40 millionbased on trading at around $3.50 per share in early August. • 180 Life Sciences rebrands to ETHZilla 180 Life Sciencesraised $425 million in July 2025to launch an Ether treasury strategy and rebrand as ETHZilla. • The company later moved toraise another $350 million via convertible bondsin September to expand its Ether (ETH) holdings and deploy them across decentralized finance (DeFi) and tokenized assets, at one point holding more than 100,000 Ether.
Article Summaries:
- Billionaire tech investor Peter Thiel’s Founders Fund has fully exited Ether treasury company ETHZilla, according to a Tuesday filing with the United States Securities and Exchange Commission (SEC). Entities linked to Thiel now report owning zero shares in the company in a 13G amendment filed on Tuesday, after disclosing a 7.5% stake on Aug. 4, 2025. At that time, the group beneficially owned 11,592,241 shares of what was then known as 180 Life Sciences Corp., representing 7.5% of the 154,032,084 shares outstanding and worth about $40 million based on trading at around $3.50 per share in early
Sources: