Peter Thiel expands his position in the crypto ecosystem through an investment in ETHZilla

LiquidatedTwice · 2026-02-13T05:07:58+00:00

Shares of ATNF surged 11% during the trading day and an additional 57% after market closure, driven by billionaire investor Peter Thiel acquiring 7.5% of ETHZilla. The project recently raised 192837465657487393 million to expand its crypto operations, signaling growing interest in Ethereum-based investments.

LiquidatedTwice

2026-02-13 05:07:58

Abstract generation in progress

ATNF company’s shares impressed the market with dynamic growth — during trading hours, they rose by 11%, and after market close, they jumped another 57%. This surge was driven by a major news announcement: billionaire investor Peter Thiel announced the acquisition of a 7.5% stake in ETHZilla, a project focused on developing the Ethereum segment of the cryptocurrency market.

Large-Scale Funding for ETHZilla and Peter Thiel’s Strategy

According to ChainCatcher, ETHZilla recently completed a successful private placement of securities totaling $425 million, as well as issuing convertible bonds worth $156 million. The raised funds will primarily be used to increase Ethereum-based crypto assets and expand operations on this blockchain. For Peter Thiel, this move demonstrates a consistent strategy: it is already his second major crypto investment recently, as he also invested in BitMine in July.

Signal of Growing Interest in Ethereum

Thiel’s choice to invest in ETHZilla signals increasing interest from major investors in projects related to Ethereum and its ecosystem. Such investments from reputable figures in the crypto market often have a catalytic effect on market quotes, which was confirmed by ATNF’s reaction. The rapid rise in shares can be seen as an indicator of market confidence in the company’s potential and its Ethereum assets.

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