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ETHZilla Approves Convertible Notes Share Issuance

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ETHZilla Approves Convertible Notes Share Issuance

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The latest update is out from ETHZilla Corporation ( (ETHZ) ).

On December 16, 2025, ETHZilla Corporation held a special meeting where stockholders representing 79.8% of voting shares were present. The meeting resulted in the approval of a proposal to issue shares underlying senior secured convertible notes, potentially exceeding 20% of common stock, and a proposal to adjourn the meeting if necessary, though the latter was not enacted. The approval allows conversion of notes into a significant number of shares, with a redemption agreement in place to repurchase these notes by December 30, 2025.

More about ETHZilla Corporation

Average Trading Volume: 1,252,933

Technical Sentiment Signal: Sell

Current Market Cap: $169.4M

Learn more about ETHZ stock on TipRanks’ Stock Analysis page.

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