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Martin Young

Ethzilla shares drop 15% as DAT liquidates $74.5 million in Ethereum to pay debt

On Tuesday, Ethzilla's stock price tumbled 15% after the digital asset treasury sold approximately $74.5 million worth of Ethereum to redeem convertible debt. The firm offloaded 24,291 ETH and now holds about 69,800 ETH, while its share price has fallen 95% from an August peak above $100.
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ETH-1.46%
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