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ETHZilla Corporation Announces Reverse Stock Split Amid Market Volatility

ETHZilla Corporation Announces Reverse Stock Split Amid Market Volatility

Author:

Global Cryptocurrency

Published:

2025-10-15 20:06:03

18

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BTCCSquare news:

ETHZilla Corporation's stock fell 5.45% to $1.8150 on October 15, 2025, as investors reacted to its planned 1-for-10 reverse stock split. The corporate action, effective October 20, will reduce outstanding shares from 160 million to 16 million while maintaining the ETHZ and ETHZW trading symbols.

The MOVE strategically targets institutional investors by elevating the share price above $10, aligning with ETHZilla's broader capital market ambitions. Management emphasizes this restructuring supports DeFi integration rather than exchange listing compliance.

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