3 hours ago

ETHZilla Loads Up on 102K Ethereum and Greenlights $250M Stock Buyback

TLDR: ETHZilla disclosed 102,237 ETH valued at $489M, purchased at an average price of $3,948.72 per coin. The company approved a $250M share repurchase program, effective immediately, according to its latest SEC filing. ETHZilla also reported $215M in cash reserves alongside its growing Ethereum treasury strategy. The firm plans to stake newly purchased ETH using [...]

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