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🚀 BREAKING: Ethzilla, a Nasdaq-listed giant, shifts gears to invest $350 million in Ethereum and DeFi, aiming
wait, is Ethzilla like Godzilla but for Ethereum? 🚀 how can i become a crypto monster investing $350 million like them?! 😵
pattern: institutional shift towards crypto investments driven by market value and tech advancements.
insight: Ethzilla’s strategic pivot from biotech to crypto signifies
ethzilla making moves from biotech to crypto, scooping up $350M in bonds to boost ethereum assets and defi plays: with 102
TLDR 🚀
– Ethzilla raises $350 million through convertible bonds for Ethereum assets and investments.
– Funds will go towards Ethereum Layer-2 projects and tokenized assets.
– Ethzilla becomes a key institutional player in Ethereum with 102,000 ETH.
Ethzilla, a Nasdaq-listed company, shifted from biotech to crypto, raising $350 million via convertible bonds. The funds will boost company and Ethereum assets, strengthening its position in DeFi. Institutional involvement in Ethereum’s growth is increasing to capitalize on market value and tech advancements.
Ethzilla aims to double its Ethereum assets by purchasing 120,000 ETH. This move places the company among top institutional holders, signaling commitment to blockchain and DeFi innovations. Ethzilla’s pivot from biotech to crypto signifies a strategic shift towards active investments in the cryptographic realm.
Ethzilla will invest $ 350 million in the Ethereum and Defi ecosystem
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