ETHZilla, backed by Peter Thiel, to acquire 15% interest in Satschel for 15 million USD

ETHZilla will acquire a 15% share in Satschel for 15 million USD as part of its strategic shift towards a cryptocurrency-focused public treasury, emphasizing Ethereum accumulation.

The company is utilizing funds from convertible debentures and has engaged in OTC transactions to finance its initiatives, while also implementing a reverse stock split for share stability.

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