Are Other Ether Treasury Companies Facing Similar Pressure?

[cryptoenthusiast]

Is ETHZilla alone in facing challenges?
No. Several public firms that built treasuries around Ether rather than Bitcoin have experienced pressure. While ETHZilla reduced exposure, BitMine Immersion Technologies recently increased its holdings to more than 4.3 million ETH, doubling down on its long-term conviction.

Are some firms pulling back entirely?
Yes. Trend Research began unwinding its entire Ethereum position, selling over 650,000 ETH and reportedly locking in significant realized losses. Meanwhile, ETHZilla has attempted diversification through ventures like tokenized aerospace leasing, but Thiel’s exit underscores growing uncertainty around Ether-centric treasury strategies in today’s market climate.

[nihalsari]

ETHZilla going from biotech (180 Life Sciences) to full crypto pivot was already a wild arc. this just adds another plot twist.