[ETHZilla Increases Equity Financing Scale to $10 Billion to Support ETH Purchases]
According to a report by Jinse Finance, Strategic ETH Reserve disclosed in a post on the X platform that the Nasdaq-listed Ethereum treasury company ETHZilla has amended its previously signed sales agreement with Clear Street. The amendment involves a supplemental prospectus and the accompanying prospectus for the issuance of common stock with a par value of $0.0001 per share. Under the revised terms of the sales agreement, the company will be able to raise up to $10,000,000,000 through the issuance and sale of common stock to support its continued purchase of ETH.
