ETHZilla has sold approximately $40 million of ETH for share buybacks

Crypto 7x24

2025-10-28 08:16:03

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According to online reports, ETHZilla Corporation (NASDAQ: ETHZ) announced that the company has sold approximately US$40 million in Ethereum (ETH) for stock repurchase. Since the sale was implemented on October 24, the company has purchased approximately 600,000 shares of common stock for approximately US$12 million, and plans to use the remaining funds to continue to repurchase shares. The company still holds approximately US$400 million in ETH for future strategic layout.

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