ETHZilla Sells $40M in ETH for Share Repurchase Program
Overview ETHZilla has liquidated around $40 million worth of Ethereum (ETH) from its treasury to finance its share repurchase initiative. The company successfully repurchased about 600,000 shares, totaling $12 million. Following the announcement, ETHZilla’s stock price surged by more than 14% on Monday. ETHZilla, which holds substantial Ethereum reserves, aims to close the gap between … Read more
