Based on Coinotag, ETHZilla has amended its convertible debenture terms and issued a new $350 million tranche at 2% annual interest. The existing $156.5 million in debentures will remain at 0% interest until 6 February 2026, after which they will accrue 2% annually. The company holds 102,264 ETH (~$462 million) and $559 million in cash and U.S. Treasuries, supporting liquidity and yield generation. The new issuance is intended to strengthen the balance sheet and fund strategic deployments, including ETH allocations to Layer 2 protocols and real-world asset tokenization.
ETHZilla Amends Debentures, Issues $350M to Bolster Liquidity
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