Silicon Valley tycoon Peter Thiel's Founders Fund reduces its stake in ETHZilla stock

According to the filing documents submitted to the U.S. Securities and Exchange Commission (SEC), the venture capital firm Founders Fund, led by billionaire and top Silicon Valley investor Peter Thiel, held 928,389 shares of ETHZilla stock as of September 30, 2025, accounting for 5.6% of ETHZilla's shares. Compared to the 7.5% of ETHZilla shares reported on August 4, Peter Thiel's related entities have reduced their holdings by 1.9% of ETHZilla shares before September 30.