Ethzilla Corp. ETHZ

Tailing off from $18.39 overnight high

$ETH 2.65$ pp. stupid value.

$ETHZ assuming fiduciary responsibility, buy back the convertible. Or buy ETH or stock. DO SOMETHING!

$ETHZ Buy back the convertible! Otherwise you’re a scam.

$ETHZ trading 20% below NAV. Scam or value?

$ETHZ the preferable market maker can make 25m$ a year trading a penny stock without the stock even moving. These guys are smart.

$ETHZ buy back the convertible dummies.

$ETHZ if you’re short here be careful. IMO if they choose to they could redeem the $3.445 strike convertible at face value 156m$, removing dilution drag. NAV per that SEC filing today would take to $2.99 minimum, based on $4500 ETH. The potential dilution drag post 5/8/26 is the culprit.

$ETHZ $2.40 makes no sense, as they could use $156M to buy back the note, and $50M to pay off the 50m$ portion theyve drawn from the 80m$ LOC, still have $2.86 just in ETH(at mkt $4500), plus 22m$ in cash, or 13.6 cents/share, so price parity should be 2.99$/share. Market isnt factoring in this remote possibility.