The Daily: Peter Thiel and Founders Fund exit ETHZilla, K33 says bitcoin is approaching 'late bear market territory,' and more

• The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

Peter Thiel's Founders Fund dumps ETHZilla stake as ETH treasuries face pressure

Peter Thiel's Founders Fund dumps ETHZilla stake as ETH treasuries face pressure

• 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, af

FinTech · February 18, 2026 (updated February 24, 2026) · 2 min · 295 words

Peter Thiel and Founders Fund exit Ethereum treasury firm ETHZilla, SEC filing shows

• Peter Thiel has fully exited ETHZilla, as confirmed by a recent SEC filing. • ETHZilla’s share price fell after the announcement, reflecting investor uncertainty. • The firm is p