Billionaire venture capitalist Peter Thiel has fully exited ETHZilla (NASDAQ: ETZH), the Ethereum-focused treasury firm.<\/p>\n
The firm once counted his backing as a major endorsement of corporate ETH accumulation strategies.<\/p>\n
Just months earlier, Thiel had disclosed his stake in ETHZilla, positioning the move as a notable bet on Ethereum\u2019s role as a corporate treasury asset.<\/p>\n
Related: Peter Thiel-backed bank gets conditional regulators nod<\/a><\/p>\n According to a Form 13G\/A <\/a>filed with the United States Securities and Exchange Commission (SEC) on Feb. 17, 2026, Thiel and affiliated Founders Fund entities reported beneficial ownership of 0.00 shares as of Dec. 31, 2025.<\/p>\n The filing shows zero sole or shared voting power, zero dispositive power, and a 0.0% stake in the company.<\/p>\n The reversal is striking. When Thiel disclosed his 7.5% stake<\/a> last August, the move was widely interpreted as validation of Ethereum treasury models, similar to how Michael Saylor\u2019s Strategy (NASDAQ: MSTR) popularized corporate Bitcoin accumulation.<\/p>\n Founders Fund has also disclosed holding more than 9% of Tom Lee’s BitMine Immersion, currently the largest Ethereum treasury firm.<\/p>\n Based in Palm Beach, ETHZilla began as 180 Life Sciences Corp, a biotech firm. In August 2025, it pivoted sharply into an Ethereum<\/a>\u00a0(ETH)\u00a0treasury strategy, amassing more than 100,000 ETH at its peak.<\/p>\n As per CoinGecko<\/a>, the company now holds 69,802 ETH worth roughly $140 million, placing it among the top 10 public corporate holders of Ethereum. It recently announced the launch of ETHZilla Aerospace <\/a>to offer tokenized equity in leased jet engines.<\/p>\n At press time, ETHZilla stock was trading\u00a03.13% lower during after-market hours at $3.40. Meanwhile, ETH was up by 1.6%, trading at\u00a0$2,019.15, as per CoinGecko.<\/p>\n Related: Is A Bitcoin and Ethereum Treasury Company Bubble Forming?<\/a><\/p>\n This story was originally published by TheStreet<\/a> on Feb 18, 2026, where it first appeared in the MARKETS<\/a> section. Add TheStreet as a Preferred Source by clicking here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Billionaire venture capitalist Peter Thiel has fully exited ETHZilla (NASDAQ: ETZH), the Ethereum-focused treasury firm. The firm once…\n","protected":false},"author":2,"featured_media":6508,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[6613,1635,228,6614],"class_list":{"0":"post-6507","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-peter-thiel","8":"tag-corporate-treasury","9":"tag-founders-fund","10":"tag-peter-thiel","11":"tag-stake"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116340503730984939","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/6507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=6507"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/6507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/6508"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=6507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=6507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=6507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}