{"id":564194,"date":"2026-03-04T16:52:54","date_gmt":"2026-03-04T16:52:54","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/04\/why-peter-thiels-founders-fund-walked-away-from-an-ether-treasury-bet\/"},"modified":"2026-03-04T16:52:54","modified_gmt":"2026-03-04T16:52:54","slug":"why-peter-thiels-founders-fund-walked-away-from-an-ether-treasury-bet","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/04\/why-peter-thiels-founders-fund-walked-away-from-an-ether-treasury-bet\/","title":{"rendered":"Why Peter Thiel\u2019s Founders Fund walked away from an Ether treasury bet"},"content":{"rendered":"

\"Why<\/p>\n

Founders Fund\u2019s exit from ETHZilla highlights volatility, balance sheet strain and the challenges facing public Ether treasury strategies.<\/p>\n

Founders Fund fully exited ETHZilla after previously holding a 7.5% stake. SEC filings show that Peter Thiel-linked entities had reduced their ownership to zero by the end of 2025, signaling a decisive retreat from an Ether-focused public treasury strategy.<\/p>\n

ETHZilla\u2019s pivot from biotech to an Ether treasury strategy was aggressive. After raising $425 million and later seeking $350 million through convertible bonds, the company accumulated over 100,000 ETH, positioning itself as a leveraged equity proxy for Ether exposure.<\/p>\n

Debt-driven models can force crypto sales at unfavorable times. ETHZilla\u2019s sale of 24,291 ETH in December 2025 to meet debt obligations highlighted a structural weakness. Leverage combined with crypto volatility can trigger asset liquidation during downturns.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Founders Fund\u2019s exit from ETHZilla highlights volatility, balance sheet strain and the challenges facing public Ether treasury strategies. Founders Fund fully exited ETHZilla after previously holding a 7.5% stake. SEC filings show that Peter Thiel-linked entities had reduced their ownership to zero by the end of 2025, signaling a decisive retreat from an Ether-focused public […]<\/p>\n","protected":false},"author":1,"featured_media":564195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-564194","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/564194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=564194"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/564194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/564195"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=564194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=564194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=564194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}