other_material
confidence high
sentiment neutral
materiality 0.60
ETHZilla to deploy $100M in ETH to EtherFi for liquid restaking; holds 102,246 ETH (~$456M)
FORUM MARKETS Inc
- Plans to deploy ~$100M of ETH to EtherFi, a liquid restaking protocol, to generate higher yields on treasury holdings.
- Total ETH & equivalents held: 102,246 (avg cost $3,948.72), valued at ~$456M as of Aug 31, 2025.
- U.S. dollar cash equivalents: ~$221M; shares outstanding: 166,626,845 as of Sept 1, 2025.
- Cancelled 1,318,000 shares held by Elray Resources per settlement agreement for aggregate $1M.
- ATM shares issued during week ending Aug 31: 2.4M shares, net proceeds $7.3M.
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