ETHZilla Sells Ether to Repurchase Shares: A $250 Million Plan Unfolds

TLDR ETHZilla sold $40 million worth of ether to fund a $250 million stock repurchase plan. The company has repurchased approximately 600,000 shares for around $12 million since October 24. ETHZilla aims to reduce the discount to its net asset value by continuing to buy back shares. The company holds approximately $400 million in ether [...]

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