Last mentioned: Feb 18, 2026
Market Reaction
ETZH stock sinks 5% in overnight trading as investors react to the Thiel exit.
SEC Filing
Regulatory filings show Founders Fund has reduced its ETHZilla holdings to zero.
Strategic Shift
ETHZilla announces plans to pivot from crypto treasuries to aviation asset tokenization.
Initial Investment
Founders Fund discloses a 7.5% stake in ETHZilla, backing its Ethereum treasury model.
Peter Thiel’s Founders Fund has liquidated its entire 7.5% stake in ETHZilla, a prominent Ethereum-focused treasury firm, according to recent SEC filings. The exit coincides with ETHZilla’s strategic pivot toward aviation asset tokenization as traditional crypto treasury models face increasing pressure.
Peter Thiel’s Founders Fund has liquidated its entire 7.5% stake in ETHZilla, a firm formerly focused on Ethereum treasuries. The exit comes as ETHZilla pivots toward tokenizing aviation assets, signaling a broader institutional reassessment of pure-play crypto treasury models.
Peter Thiel’s Founders Fund has liquidated its entire 7.5% stake in ETHZilla (NASDAQ: ETZH), according to recent SEC filings. The move comes as the firm pivots from an Ethereum-heavy treasury model toward the tokenization of aviation assets, signaling a broader institutional shift in crypto strategy.