New ETH Treasury Project ETHZilla Surges Over 90% intraday, with Trading Volume Exceeding $592 Million

BlockBeats News, August 12th, according to RockFlow market data, the new ETH treasury company ETHZilla (ATNF) surged more than 90% intraday, with a current stock price of $6.36, and a market capitalization of approximately $38.4 million. It is worth noting that today's ETHZilla intraday trading volume has exceeded $592 million, which is 15.4 times its market cap.

Prior to this news, billionaire Peter Thiel once again positioned himself in Ethereum. Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).

The remaining Ethereum MicroStrategy stocks maintained their upward trend: Bitmine Immersion (BMNR) surged over 10%; SharpLink Gaming (SBET) rose by 0.92%; Bit Digital (BTBT) rose by 2.8%.