Thiel Doubles Down on Ethereum with 7.5% ETHZilla Stake

I see that Peter Thiel has doubled down on Ethereum by taking a 7.5% stake in ETHZilla, signaling renewed institutional interest in the Ethereum ecosystem. This move ties a high-profile investor to both Ethereum's broader narrative and a specific token, ETHZilla.

I'm noting the significance of a 7.5% acquisition: it represents a meaningful position that could influence market sentiment around Ethereum and ETHZilla, and it highlights growing confidence from established investors in crypto assets like ETHZilla and the underlying Ethereum network.