cryptonews.net
ETHZilla Corporation (Nasdaq: ETHZ) has sold approximately $40 million of its Ethereum holdings to fund share repurchases under its $250 million buyback program. Since the sale on October 24, 2025, the company has repurchased about 600,000 shares for $12 million and plans to continue using ETH proceeds to reduce its share discount to net asset value.
ETHZilla retains around $400 million in ETH to support future initiatives. The company operates in the decentralized finance sector, connecting traditional finance and blockchain through Ethereum-based solutions, tokenization, and DeFi protocol integrations.
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