Ethereum treasury company ETHZilla to implement 10-for-1 reverse stock split on October 20

ChainCatcher news, according to official sources, Ethereum treasury company ETHZilla will officially implement a 10-for-1 reverse stock split at 00:01 EST on October 20, 2025. The adjusted shares will begin trading at market open on the same day.

After the reverse split, every 10 shares of ETHZ will be merged into 1 share. The total number of outstanding shares will decrease from approximately 160 millions to 16 millions, but the stock code (ETHZ) and the asset net value fundamentals will remain unchanged.

According to the official statement, as an important measure to expand institutional investor participation, this reverse split aims to push the share price above the $10 threshold, thereby meeting institutional investors’ requirements for qualified collateral and margin trading. Many large funds, regardless of market capitalization or company size, have minimum share price entry restrictions.