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ETHZilla Stock Crashes Nearly 30% Amid Dilution Panic—Despite Sitting on $349M Ether War Chest
ETHZilla Stock Crashes Nearly 30% Amid Dilution Panic—Despite Sitting on $349M Ether War Chest
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Investors just stampeded out of ETHZilla shares—crushing the price by almost a third in a single session. All that fear? Triggered by dilution risks, even as the company holds a massive $349 million Ether treasury.
When Treasury Size Doesn’t Matter
Market sentiment flipped bearish fast. Traders ignored the giant Ether reserve—focusing instead on potential share dilution. That sell-off wasn’t gentle; it was a full-scale rout.
Finance Irony at Its Best
Nothing says 'traditional finance logic' like panicking over dilution while sitting on a nine-figure crypto treasury. Maybe they’d prefer a PowerPoint slide instead?
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