CoinVoice has learned that, according to Cryptobriefing, billionaire investor and PayPal and Palantir co-founder Peter Thiel has disclosed holding a 7.5% stake in ETHZilla (formerly 180 Life Sciences). The company recently completed a $425 million private placement and a $156 million convertible bond issuance, with the funds set to be used for increasing its holdings in Ethereum.

This is Thiel's second investment in an Ethereum treasury company following his July stake in BitMine (holding 9.1%). As a result of this latest news, ATNF's stock price surged over 11% in a single day, skyrocketing 57% in after-hours trading.[Original link]