Peter Thiel Exits ETHZilla Stake After 7.5% Ethereum Bet
Billionaire Peter Thiel and Founders Fund reduced their ETHZilla stake from 7.5% to zero as of December 31, 2025, per an SEC 13G/A filing. ETHZilla holds 69,802 ETH valued at roughly $140 million and recently launched tokenized jet engine equity under ETHZilla Aerospace.
1. Stake Exit Details
Peter Thiel and affiliated Founders Fund entities reported zero shares and no voting or dispositive power in ETHZilla as of December 31, 2025, down from a 7.5% position disclosed in August. This move represents a complete withdrawal of Thiel’s endorsement of corporate Ethereum accumulation strategies.
2. Ethereum Treasury Position
Since pivoting from biotech in August 2025, ETHZilla accumulated 69,802 ETH valued at approximately $140 million, placing it among the top ten public corporate holders of Ethereum. The firm’s treasury approach has drawn comparisons to corporate Bitcoin strategies popularized by other major investors.
3. Launch of ETHZilla Aerospace
In its latest diversification, ETHZilla introduced ETHZilla Aerospace to issue tokenized equity tied to leased jet engines. This venture aims to expand beyond pure crypto holdings by leveraging blockchain tokenization for real-world asset financing.