The new ETH treasury company ETHZilla surged over 34% in pre-market trading after disclosing investment from Peter Thiel.

BlockBeats News, August 12th, according to RockFlow market data, the new ETH treasury company ETHZilla (ATNF) surged more than 34% in pre-market trading, with the stock price currently at $4.63, with a market capitalization of approximately $20 million.

Earlier 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.).

Other Ethereum microstrategy stocks: Bitmine Immersion (BMNR) fell by 4.71%; SharpLink Gaming (SBET) rose by 1.28%; Bit Digital (BTBT) fell by 0.33%; BTCS Inc (BTCS) fell by 0.87%.