Peter Thiel Double Downs on Ethereum, Acquires 7.5% Stake in ETHZilla
BlockBeats News, August 12, Billionaire Peter Thiel once again laid out his position in Ethereum. According to the latest SEC filing, Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).
180 Life Sciences (stock code: ATNF) saw its stock price rise over 11% at Monday's close, with a surge of about 57% in after-hours trading. The company announced its Ethereum treasury plan at the end of July. This Monday, the biotech company stated that it had sold $156 million of 2028 senior secured convertible notes to an institutional investor and had previously completed a $425 million private placement. The raised funds will be mainly used to purchase Ethereum, income-generating assets, and the company's online gaming (iGaming) business, while monetizing its existing biotech intellectual property.
BlockBeats previously reported that on July 16, in an SEC filing submitted later on Tuesday, Peter Thiel's Founders Fund Growth II Management disclosed that as of July 8, it held a 9.1% stake in BitMine Immersion Technologies.
You may also like
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
WEEX Launches Depth Chart for Spot Trading
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
In the era of AI, what is left of Bitcoin?
NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

