New ETH Treasury Firm ETHZilla Holds 82,186 Ether Worth Approximately $349 Million

BlockBeats News, August 12 — According to PR Newswire, the new ETH treasury company ETHZilla (ATNF) has announced that it currently holds 82,186 ETH, with an average purchase price of $3,806.71, and a current market value of approximately $349 million. In addition, it holds about $238 million in cash equivalents.

Previously, it was reported that billionaire Peter Thiel is once again investing in Ethereum. According to the latest filings from the US SEC, Peter Thiel and his investment team have acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).