Overview
- An SEC filing shows ETHZilla acquired two CFM56-7B24 engines for $12.2 million through newly formed ETHZilla Aerospace LLC.
- The engines are leased to a major airline, with Aero Engine Solutions contracted to manage them for a monthly fee.
- The agreement includes a buy-sell option allowing either party to require a $3 million per‑engine transaction at lease end if condition standards are met.
- ETHZilla sold about $114.5 million of ETH in October and December to fund a stock buyback and redeem debt as it reshapes its balance sheet.
- The company plans to list its first tokenized assets in Q1 2026 via partner Liquidity.io, aligning with a tight engine-leasing market that IATA pegs at $2.6 billion in 2025 and that researchers expect to grow through 2031.