BlockBeats news, on August 12, according to RockFlow market data, the new ETH treasury company ETHZilla (ATNF) surged over 90% during trading, with a current stock price of $6.36 and a market capitalization of approximately $38.4 million. Notably, today ETHZilla's trading volume has exceeded $592 million, which is 15.4 times its market capitalization.

Previously, billionaire Peter Thiel has once again invested in Ethereum, with Peter Thiel and his investment team acquiring 7.5% of the shares in Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).

Other Ethereum micro-strategy stocks continue to rise: Bitmine Immersion (BMNR) increased over 10%; SharpLink Gaming (SBET) rose 0.92%; Bit Digital (BTBT) increased 2.8%.