Ethzilla stock (ETHZ) tanked 15% on Tuesday following the company\u2019s decision to sell $74.5 million worth of Ethereum to repay debts.<\/p>\n
Shares slid from just over $6 to an intraday low of $5.12. They were hovering around $5.35 during after-hours trading, according<\/a> to Google Finance.\u00a0Ethzilla has lost 21% in share value since the opening of the Nasdaq on Monday morning and is down 95% since it spiked over $100 in August.<\/p>\n The crypto treasury company sold approximately 24,291 ETH for $74.5 million at around $3,069 per token to repay convertible debt. The sale, disclosed to the SEC, leaves the company with roughly 69,800 ETH remaining.\u00a0Ethzilla is now the tenth-largest Ether DAT, falling below BTCS Inc., which holds 70,000 ETH.<\/p>\n \u201cIn the future, the company believes its value will be driven by revenue and cash flow growth from our RWA [real world asset] tokenization business,\u201d the firm stated on Monday.<\/p>\n As part of redeeming our outstanding senior secured convertible notes, ETHZilla sold 24,291 ETH for approximately $74.5 million. We plan to use all, or a significant portion, of the proceeds to fund the redemption. The dashboard below excludes cash on the balance sheet which\u2026 pic.twitter.com\/c5HMDrf48X<\/a><\/p>\n \u2014 ETHZilla (@ETHZilla_ETHZ) December 22, 2025<\/a><\/p>\n\n The move reflects broader challenges facing crypto treasury companies during market volatility. Ethzilla had pivoted from biotechnology in July 2024, shifting to an Ether-focused strategy after its biotech shares plummeted.<\/p>\n After an initial spike in August, its stock began to retreat again as crypto markets cooled and Ether prices fell hard.\u00a0ETH has again fallen below $3,000 and is down 40% from its August all-time high, while many analysts have predicted the start of a bear market.<\/p>\n The world\u2019s largest Ether DAT, Bitmine Immersion Technologies, also had a rough day on Tuesday, with stock (BMNR) falling 4.2% to end Tuesday below $30.\u00a0Bitmine shares are down 78% from their July spike but remain up 280% since the beginning of the year. The firm remains one of the few DAT success stories this year.<\/p>\n The Tom Lee-chaired DAT has remained bullish<\/a>, buying the dips and accumulating<\/a> more Ether while others have ceased purchases or offloaded.<\/p>\n Other crypto treasuries have also had a painful week, including Solana DATs Classover Holdings Inc (KIDZ), which fell 15% on Tuesday, and VisionSys AI Inc (VSA), dumping 13%.<\/p>\n Hyperlink DAT Nuvve Holding Corp (NVVE) lost 12% and Eightco Holdings (ORBS), which is a WLD Treasury, lost 11% on the day.<\/p>\n The post Ethzilla Stock Tanks 15% After DAT Dumps a Quarter of its ETH Stash<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethzilla stock (ETHZ) tanked 15% on Tuesday following the company\u2019s decision to sell $74.5 million worth of Ethereum to repay debts. Shares slid from just over $6 to an intraday low of $5.12. They were hovering around $5.35 during after-hours trading, according to Google Finance.\u00a0Ethzilla has lost 21% in share value since the opening of […]<\/p>\n","protected":false},"author":0,"featured_media":122745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-122744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122744"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122744"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/122745"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Pivot to RWA Tokenization<\/h2>\n
DAT Stocks Dumping<\/h2>\n