U.S. stocks rally expands, new ETH treasury company ETHZilla rises over 146% during intraday trading

ChainCatcher news, according to RockFlow market data, the US stock market gains are expanding, with the Nasdaq and Dow Jones rising over 1% during the session, and the S&P 500 index up 0.86%.

The new ETH treasury company ETHZilla (ATNF) surged over 146% during the session, with the stock currently priced at $8.03 and a market capitalization of approximately $48 million. Notably, today's trading volume for ETHZilla has exceeded $689 million. Previously, billionaire Peter Thiel has once again invested in Ethereum, with Peter Thiel and his investment team acquiring a 7.5% stake in the Ethereum treasury reserve company ETHZilla (formerly 180 Life Sciences Corp.).