ETHZilla has announced that it holds 82,186 Ethereum, equivalent to $349 million.

BlockBeats News, August 12, according to the Associated Press, the new ETH treasury company ETHZilla (ATNF) announced that it currently holds 82,186 Ethereum, with an average purchase price of $3,806.71, and a current market value of approximately $349 million. Additionally, it holds around $238 million in cash equivalents.

Prior to this news, billionaire Peter Thiel once again laid out his position in Ethereum. According to the latest SEC filings, Peter Thiel and his investment team acquired a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).