@dan8
ETHZilla (ETHZ) sold 24,291 ether (ETH) for roughly $74.5 million to redeem senior secured convertible notes.
After this second sale of digital assets, the company — formed with the intention of holding ETH — still owns approximately 69,800 ETH worth more than $200 million.
Many digital asset treasury firms are facing pressure following stock price plunges, and are shifting focus from accumulation to managing liabilities.
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