ETHZilla Stock’s Wild Ride: Crypto Pivot, Reverse Split and Big Bets – What’s Next?
Warsaw, Oct. 20, 2025 – ETHZilla Corporation’s stock has been on a rollercoaster in recent months, following the company’s high-stakes pivot into cryptocurrency. Shares of ETHZ closed Friday at $1.68 – roughly $16.80 in post-split terms ts2.tech. That price is down about 15% from a week prior, reflecting a sell-off around the latest corporate moves. Even with the pullback, ETHZilla stock remains up over 90% year-to-date ts2.tech – a testament to the crypto-fueled surge it enjoyed in late summer. is up roughly 45% in 2025 ts2.tech, and the S&P 500 about 13% ts2.tech in the same period, while a rival crypto stock BitMine Immersion skyrocketed nearly 700% this year ts2.tech.) The dizzying ups and downs began when ETHZilla – until recently a little-known biotech – announced in July that it would transform into a cryptocurrency investment vehicle. The firm rebranded as “ETHZilla” and vowed to accumulate Ethereum and pursue decentralized finance ventures ts2.tech. This radical strategy shift immediately caught the market’s attention. Then in August, billionaire Peter Thiel revealed a 7.5% stake in ETHZilla, giving the venture a stamp of legitimacy. The result: “Shares in the firm skyrocketed” as Thiel’s backing became public ts2.tech. On the day ETHZilla’s crypto strategy
