ETHZilla will increase its fundraising scale to $10 billion to support the purchase of ETH.

According to a report by Jinse Finance, Strategic ETH Reserve disclosed in a post on platform X that NASDAQ-listed Ethereum treasury company ETHZilla has revised its previous sales agreement signed with Clear Street, which involves a supplemental document to the prospectus and the issuance of common stock with a par value of $0.0001 per share in the accompanying prospectus. According to the terms of the revised sales agreement, the company will be able to raise up to $10,000,000.000 through the issuance and sale of common stock to support its continued purchase of ETH.