ETHZilla struggles to find footing as Peter Thiel’s Founders Fund exits
ETHZilla Corp (ETHZ) shares faced intense pressure in pre-market trading this Wednesday following news that billionaire investor Peter Thiel and his venture firm, Founders Fund, have completely liquidated their position. Summary An SEC filing revealed that Peter Thiel and Founders Fund have completely liquidated their 7.5% stake in Ethzilla (ETHZ), triggering a 5.13% pre-market drop…


