ETHzilla Sells $74.5M in Ethereum to Cut Debt and Strengthen Balance Sheet

ETHzilla has made a clear change in direction by selling a significant portion of its Ethereum holdings to strengthen its balance sheet. The company recently disclosed that it sold about $74. 5 million worth of ETH in December, using the proceeds mainly to repay outstanding debt. This marks a step away from the digital asset treasury … source: https://coinpedia.org/news/ethzilla-sells-74-5m-in-ethereum-to-cut-debt-and-strengthen-balance-sheet/