BlockBeats News, December 22, US stock ETH treasury-listed company ETHZilla officially announced on social media that as part of redeeming its issued senior secured convertible notes, ETHZilla has sold 24,291 ETH, raising approximately $74.5 million.ETHZilla plans to use all or most of the proceeds to redeem. Looking ahead, the company believes that its value will mainly come from the revenue and cash flow growth generated by the Real World Asset (RWA) tokenization business. Therefore, effective immediately, we will stop updating the "adjusted asset net value" (mNAV) dashboard on the official website but plan to continue providing regular balance sheet updates.Furthermore, ETHZilla will continue to disclose any material changes in our ETH holdings and/or share count through SEC (U.S. Securities and Exchange Commission) filing documents and social media posts.

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