0:00
0:00
Subscribe to Bankless or sign in
Ethereum treasury firm ETHZilla is consolidating its stock, executing a 1-for-10 reverse split to reduce share count and push its Nasdaq-listed price above $10 in a move aimed at attracting institutional investors.
What’s the Scoop?
- Reverse Split Incoming: ETHZilla (ticker: ETHZ) will execute a 1-for-10 reverse stock split on October 20, reducing the number of outstanding shares in circulation by a factor of ten.
- Targeting Institutions: The reverse split, which will raise ETHZ share prices above $10, is framed as making the stock eligible for investment by mutual funds and large financial institutions with price threshold requirements.
- No Listing Pressure: ETHZilla stressed that the move is not tied to Nasdaq compliance guidelines, which impose delisting for stocks that trade under $1 for 30 consecutive business days.
- Rebrand and Backing: Formerly 180 Life Sciences Corp., ETHZilla rebranded in August as an ETH treasury company after securing support from Peter Thiel’s Founders Fund.
- Market Reaction: ETHZ shares tanked nearly 20% during pre-market trading on the reverse split announcement and finished the day at $1.83, down 4.69% from the prior day's close.
- Deep Crypto Integration: ETHZilla now holds over 100,000 ETH and actively engages in DeFi strategies, with allocations to onchain protocols like EtherFi and Puffer.
1/ ETHZilla will implement a 1 for 10 reverse stock split, effective October 20, 2025 at 12:01 a.m. ET.
— ETHZilla (@ETHZilla_ETHZ) October 15, 2025
Trading on a split adjusted basis begins at market open that same day.
1
0
