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News

ETHZilla Launches $250M Stock Buyback; Holds Over 102K ETH Valued At $489M; Implements New Yield-Generating Protocol

Author: Benzinga Newsdesk | August 25, 2025 08:09am

Company has accumulated 102,237 ETH at an average acquisition price of $3,948.72, which is now valued at approximately $489 million

Announces implementation of proprietary Electric Asset Protocol to generate higher yields

PALM BEACH, Fla., Aug. 25, 2025 /PRNewswire/ -- ETHZilla Corporation (NASDAQ:ETHZ), (the "Company" or "ETHZilla"), today announced that its Board of Directors has authorized a stock repurchase program of up to $250 million of the Company's outstanding shares of common stock, effective immediately. Additionally, the Company announced it now has total holdings of 102,237 Ether ("ETH") at an average acquisition price of $3,948.72, which is now valued at approximately $489 million. In addition to the ETH, ETHZilla holds approximately $215 million in USD cash equivalents.

Posted In: ETHZ

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