ETHZilla Announces $350 Million Add-On Convertible Debenture Investment and Provides Business Update
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最新报道：ETHZilla Corporation has secured a $350 million convertible debenture from an institutional partner, bringing its total convertible debt to approximately $500 million. The new debentures carry a 2% annual interest rate with a conversion price of $3.05 per share. The company also repurchased 0.5 million shares last week and currently holds 102,264 ETH equivalents valued at $462 million, with $559 million in cash reserves. CEO McAndrew Rudisill stated the company is focused on deploying ETH into Layer 2 protocols and tokenizing real-world assets to generate recurring cash flow.
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