{"id":94723,"date":"2026-02-26T11:53:55","date_gmt":"2026-02-26T08:53:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94723"},"modified":"2026-02-26T11:55:19","modified_gmt":"2026-02-26T08:55:19","slug":"ethzilla-rebrands-and-abandons-ethereum-acquisition-strategy","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethzilla-rebrands-and-abandons-ethereum-acquisition-strategy\/","title":{"rendered":"ETHZilla Rebrands and Abandons Ethereum Acquisition Strategy"},"content":{"rendered":"<p>Shares of ETHZilla surged over 13% to a monthly high of $3.91. The stock rose following a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/ethzilla-becomes-forum-in-next-step-of-strategic-evolution-toward-institutional-grade-real-world-asset-tokenization-302696777.html\">rebranding<\/a> to Forum and an official abandonment of its Ethereum accumulation strategy.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-324362f4cd343a9b-7311981267384144.webp\" alt=\"Screenshot 2026-02-26 105030\" class=\"wp-image-275832\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.google.com\/finance\/quote\/ETHZ:NASDAQ\">Google Finance<\/a>.<\/figcaption><\/figure>\n<p>ETHZilla emerged from the rebranding of biotech company 180 Life Sciences. Initially, the firm positioned itself as a public fund for digital asset investments. The project attracted $565 million, with Peter Thiel as one of its early investors.<\/p>\n<p>Since the initial purchases in August, the price of Ethereum has fallen by 50%, despite a recent local rebound to $2000. This decline prompted ETHZilla to change its business model.<\/p>\n<p>In October, the company <a href=\"https:\/\/www.prnewswire.com\/news-releases\/ethzilla-sells-approximately-40mm-eth-to-facilitate-stock-repurchases-302595722.html\">sold<\/a> $40 million worth of Ethereum to facilitate stock buybacks. In December, it <a href=\"https:\/\/forklog.com\/en\/news\/ethzilla-crypto-treasury-sells-74m-of-ethereum\">sold<\/a> an additional 24,291 ETH valued at $74.5 million to pay off debts. These transactions marked a shift away from aggressive cryptocurrency accumulation.<\/p>\n<p>The firm is now focused on the tokenized assets sector (<a href=\"https:\/\/forklog.com\/en\/news\/what-are-rwas-real-world-assets\">RWA<\/a>). This month, it <a href=\"https:\/\/forklog.com\/en\/news\/ethzilla-to-offer-tokenized-mortgages-with-10-3-annual-yield\">acquired<\/a> a mortgage portfolio worth $4.7 million. The team plans to transfer these to <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a> networks based on Ethereum, expecting an annual yield of over 10%. Additionally, the company <a href=\"https:\/\/forklog.com\/en\/news\/ethzilla-shifts-strategy-acquires-aircraft-engines-after-ethereum-sell-off\">purchased<\/a> two aircraft engines for tokenization through a regulated <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> platform <a href=\"http:\/\/liquidity.io\">Liquidity.io<\/a>.<\/p>\n<p>Forum&#8217;s management stated that future company capitalization will be driven by revenues from the new RWA platform, rather than cryptocurrency reserves.<\/p>\n<p>At the time of writing, the shares trade significantly below the August peak of $100. Peter Thiel and his Founders Fund <a href=\"https:\/\/forklog.com\/en\/news\/peter-thiels-founders-fund-divests-from-ethereum-firm-ethzilla\">have fully divested<\/a> their stakes in the project.\u00a0<\/p>\n<p>Nonetheless, the firm still holds 93,790 ETH valued at $174.8 million. It remains the ninth-largest corporate holder of the world&#8217;s second-largest cryptocurrency by market capitalization.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"207\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-eaa260e3df39556a-7312007568956401-1024x207.png\" alt=\"Screenshot 2026-02-26 110100\" class=\"wp-image-275833\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-eaa260e3df39556a-7312007568956401-1024x207.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-eaa260e3df39556a-7312007568956401-300x61.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-eaa260e3df39556a-7312007568956401-768x155.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-eaa260e3df39556a-7312007568956401.png 1393w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.strategicethreserve.xyz\/\">Strategic ETH Reserve<\/a>.<\/figcaption><\/figure>\n<p>Back in December 2025, Harvard University&#8217;s management company <a href=\"https:\/\/forklog.com\/en\/news\/harvard-reduces-bitcoin-holdings-invests-in-ethereum\">reported<\/a> selling its shares in a Bitcoin <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> and investing in an Ethereum-based exchange product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of ETHZilla surged over 13%. The stock rose following a rebranding to Forum and an official abandonment of its Ethereum accumulation strategy.<\/p>\n","protected":false},"author":1,"featured_media":94724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"ETHZilla rebrands to Forum, abandons Ethereum strategy, shares rise 13%.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,46,1308],"class_list":["post-94723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-ethereum","tag-rwa"],"aioseo_notices":[],"amp_enabled":true,"views":"161","promo_type":"1","layout_type":"1","short_excerpt":"ETHZilla rebrands to Forum, abandons Ethereum strategy, shares rise 13%.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94723"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94723\/revisions"}],"predecessor-version":[{"id":94725,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94723\/revisions\/94725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94724"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}