According to Rockflow data on August 13, ETHZilla surged 165% to reach a market cap of $53 million, following billionaire Peter Thiel’s team's acquisition of a 7.5% stake.
Rockflow data on August 13 reveals that ETHZilla, a newly listed US Ethereum treasury company, surged 165% with its market cap reaching $53 million. This significant jump comes after billionaire Peter Thiel and his investment team acquired a 7.5% stake, reinforcing his renewed focus on Ethereum.