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Ethereum Treasury ETHZilla Sells ETH for Jet Engines - 99Bitcoins
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Ethereum Treasury ETHZilla Sells ETH for Jet Engines - 99Bitcoins
ETHZilla, the Ethereum-centric treasury outfit, just pulled off something genuinely unexpected: it offloaded roughly $114 million worth of ETH to snap up two CFM56-7B24 jet engines for $12.2 million. The purchase went through a fresh subsidiary called ETHZilla Aerospace LLC, and those engines are already leased out to a major airline, delivering steady monthly cash flow. There’s even a built-in buy-sell clause letting either side move the assets…
A company focused on the Ethereum (ETH) treasury sold part of its holdings to buy aircraft engines. Read more
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