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ETHZilla Subsidiary Acquires Aircraft Engines, Expands Aviation Portfolio

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ETHZilla Subsidiary Acquires Aircraft Engines, Expands Aviation Portfolio

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

On January 17, 2026, ETHZilla Corporation’s newly formed subsidiary ETHZilla Aerospace LLC acquired two CFM56-7B24 aircraft engines, including associated parts, records and stands, from Avean Engine Solutions, LLC for a total cash consideration of $12.2 million, subject to adjustments tied to an economic closing date of September 30, 2025. The engines are leased to a major airline under existing Aircraft Engine Lease Agreements that were assigned to ETHZilla Aerospace as part of the transaction, and the company simultaneously entered into a servicing agreement with Aero Engine Solutions, Inc., which will manage the engines for a monthly fee and holds reciprocal call and put options with ETHZilla Aerospace to buy or sell the engines at $3 million per unit after the leases expire or terminate, potentially affecting ETHZilla’s future asset disposition strategy and risk profile in its aviation engine portfolio.

The most recent analyst rating on (ETHZ) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on ETHZilla Corporation stock, see the ETHZ Stock Forecast page.

Spark’s Take on ETHZ Stock

According to Spark, TipRanks’ AI Analyst, ETHZ is a Neutral.

The score is held down primarily by severely negative profitability and ongoing cash burn, alongside a clear bearish technical trend with weak momentum. Positive corporate actions (note redemption, governance changes, and strategic investments) provide some offset, while valuation signals are limited because losses make P/E less informative and no dividend yield is available.

To see Spark’s full report on ETHZ stock, click here.

More about ETHZilla Corporation

ETHZilla Corporation, through its wholly owned subsidiary ETHZilla Aerospace LLC, operates in the aviation asset sector, focusing on the acquisition and leasing of commercial aircraft engines, with exposure to major airline counterparties via long-term engine lease agreements.

Average Trading Volume: 1,052,150

Technical Sentiment Signal: Sell

Current Market Cap: $96.58M

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

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