ETHZilla Corporation has recently executed multiple buyback transactions as part of its ongoing stock repurchase program. The company repurchased a total of approximately 6.0 million shares at an average price of $2.50 per share. These transactions were conducted under the company's $250 million stock repurchase program, with the purchases aimed at reducing the number of shares outstanding and providing value to shareholders. The buybacks were funded in part by net proceeds from an over-the-counter transaction with Cumberland DRW, collateralized by a portion of the company's holdings of ETH.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ETHZilla Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: NY73161) on September 15, 2025, and is solely responsible for the information contained therein.