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Time Details
2025-10-15
20:16
ETHZilla Stock Slides After 1-for-10 Reverse Split Announcement: Ethereum Treasury Firm Sparks Volatility; ETH (ETH) Watch

According to the source, ETHZilla disclosed a 1-for-10 reverse stock split, and its shares fell following the announcement (source: the source). A 1-for-10 reverse split consolidates every 10 existing shares into 1 new share while leaving overall market capitalization unchanged at implementation, and fractional shares may be paid out in cash depending on the issuer’s plan (source: U.S. SEC Investor.gov, Reverse Stock Splits). Reverse splits are commonly used to increase the per-share price, including to help meet minimum bid requirements for exchange listings (source: U.S. SEC Investor.gov). The source did not report any direct impact on ETH (ETH) prices tied to the announcement, so crypto traders should primarily monitor subsequent treasury disclosures from the company if provided (source: the source).

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