ETHZilla, the Ethereum treasury firm, plans to raise an additional $350 million through the issuance of new convertible bonds. The company has partnered with existing convertible bond investors to amend the terms of its current bonds. As of September 19, 2025, ETHZilla holds 102,264 ETH and ETH equivalents, valued at approximately $462 million.
ETHZilla to Raise $350 Million via New Convertible Bonds
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