{"id":72987,"date":"2026-02-18T15:16:34","date_gmt":"2026-02-18T15:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=72987"},"modified":"2026-02-18T15:16:34","modified_gmt":"2026-02-18T15:16:34","slug":"peter-thiel-backed-ethzilla-at-107-and-got-out-now-at-3-what-went-wrong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=72987","title":{"rendered":"Peter Thiel Backed ETHZilla At $107 And Got Out Now At $3: What Went Wrong?"},"content":{"rendered":"<div>\n<p>Billionaire <strong>Peter Thiel<\/strong> and Founders Fund fully exited <strong>ETHZilla<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/ETHZ\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETHZ\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/ETHZ\">ETHZ<\/a>) after riding shares from $107 in August to $3\u2014a 97% collapse that turned a high-profile <strong>Ethereum <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) treasury play into a cautionary tale.<\/p>\n<h3 class=\"wp-block-heading\">The Spectacular Collapse<\/h3>\n<p>Thiel and Founders Fund <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-18\/tech-billionaire-peter-thiel-exits-ether-treasury-firm-ethzilla\">acquired<\/a> a 7.5% stake in August 2025 when ETHZilla pivoted from biotech firm 180 Life Sciences to an Ethereum treasury company.\u00a0<\/p>\n<p>The news sent shares surging 90% in a single session to over $107.<\/p>\n<p>The timing couldn\u2019t have been worse. ETHZilla launched its Ethereum treasury strategy on August 18 following a $565 million capital raise from over 60 investors including Electric Capital, Polychain Capital, and GSR.\u00a0<\/p>\n<p>At its peak, the company held over 100,000 ETH tokens.<\/p>\n<p>Then the crash hit. When crypto markets collapsed in October, ETHZilla was among the first to sell.\u00a0<\/p>\n<p>In late October, it dumped approximately $40 million in ETH &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50688946\/peter-thiel-backed-ethzilla-at-107-and-got-out-now-at-3-what-went-wrong?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Peter\" thiel backed ethzilla at and got out now what went wrong>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Peter Thiel and Founders Fund fully exited ETHZilla (NASDAQ:ETHZ) after riding shares from $107 in August to $3\u2014a 97% collapse that turned a high-profile Ethereum (CRYPTO: ETH) treasury play into a cautionary tale. The Spectacular Collapse Thiel and Founders Fund acquired a 7.5% stake in August 2025 when ETHZilla pivoted from biotech firm 180 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-72987","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72987"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72987\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}