šØ JUST IN: ETHZilla pivots to jet engines after selling $ETH
ETHZilla has purchased two jet engines for $12.2M through a new subsidiary, after selling $114M worth of $ETH, according to SEC filings.
KEY DETAILS:
ā¢ Asset shift: $ETH ā jet engines
ā¢ Purchase size: $12.2M
ā¢ Strategy: Lease engines to airlines for predictable cash flow $LINK
ā¢ Remaining context: Ongoing crypto market weakness $LTC
WHY IT MATTERS:
ā¢ Signals defensive capital rotation by crypto treasuries $ZKC
ā¢ Highlights pressure on DATs (Digital Asset Treasuries)
ā¢ Shows a move from volatility to yield stability
BOTTOM LINE:
From ETH To Engines.
When Crypto Treasuries Buy Industrial
Assets, Risk-Off Is Real ā And Strategic.
