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ETHZilla will increase its fundraising scale to $10 billion to support the purchase of ETH.
Golden Finance reported that Strategic ETH Reserve disclosed on platform X that NASDAQ-listed Ethereum treasury company ETHZilla has revised its previous sales agreement signed with Clear Street, which involves a supplement to the prospectus and the issuance of common stock with a par value of $0.0001 per share in the accompanying prospectus. According to the terms of the revised sales agreement, the company will be able to raise up to $10,000,000.000 by issuing and selling common stock shares to support its ongoing purchase of ETH.
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