ETHZilla Company, a know-how firm that mixes conventional and decentralized finance, introduced that it has accomplished the sale of roughly $40 million value of ETH and that the proceeds will probably be used for share buybacks.
Following the sale on October 24, 2025, the Firm repurchased roughly 600,000 shares for $12 million beneath a $250 million inventory repurchase program accepted by the present Board of Administrators. ETHZilla plans to make use of the remaining funds for added share buybacks and proceed promoting ETH till the web asset worth (NAV) low cost per share returns to regular ranges.
McAndrew Rudisill, CEO of ETHZilla, launched the next assertion concerning this matter:
“We’re leveraging the power of our stability sheet to scale back our ETH holdings and fund share repurchases. We anticipate this motion to straight improve company worth within the present atmosphere the place our shares are buying and selling under NAV. On the similar time, these share repurchases improve our NAV per share whereas decreasing the variety of shares out there for lending/borrowing actions.”
The corporate at the moment has roughly $400 million value of ETH on its stability sheet, and it’s reported that these belongings will probably be used for future strategic initiatives.
*This isn’t funding recommendation.
