The Ethereum treasury company ETHZilla will implement a 10-for-1 stock split plan on October 20.

On October 15, according to official news, Ethereum Treasury Company ETHZilla will officially implement a 10-for-1 stock consolidation plan at 00:01 Eastern Time on October 20, 2025, with the adjusted shares starting to trade on the same day. After the consolidation, every 10 shares of ETHZ will merge into 1 share. The total number of outstanding shares will decrease from approximately 160 million shares to 16 million shares, but the stock code (ETHZ) and the asset net value fundamentals will remain unchanged. The official stated that as an important measure to expand institutional investor participation, this consolidation aims to push the stock price beyond the $10 threshold, thereby meeting the entry requirements for institutional investors regarding qualified Collateral and Margin trading. Many large funds, regardless of market capitalization or company size, have minimum stock price entry restrictions.

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