🔴 BREAKING: Peter Thiel exits $ETH treasury firm ETHZilla, selling his entire stake.

The latest SEC 13G filing (Feb. 18, 2026) shows that entities managed by Peter Thiel’s Founders Fund now hold 0 shares (0%) of ETHZilla, down from a 7.5% stake in August 2025.

Bloomberg, CoinDesk, GuruFocus and others reported the move simultaneously, confirming Thiel’s full divestment.

ETHZilla, once branded as an “Ethereum treasury company,” has dramatically shifted course selling off much of its $ETH reserves and pivoting into rocket engine leasing and tokenization ventures.

Thiel’s exit underscores a decisive break with ETHZilla’s new direction, signaling that the fund has cashed out entirely as the company repositions itself away from crypto holdings.

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