ETHZilla has announced a $250 million stock repurchase program to reinforce its ether-focused treasury strategy.
Effective immediately and running until June 30, 2026, the Nasdaq-listed company said the buyback demonstrates its confidence in shareholder value at current stock prices. Alongside the move, ETHZilla disclosed that it now holds 102,237 ETH worth approximately $489 million, acquired at an average cost of $3,948.72, plus $215 million in cash equivalents.
Executive chairman McAndrew Rudisill emphasized the firm’s dual focus: scaling ETH reserves and pursuing yield-generating opportunities through its newly launched Electric Asset Protocol.
The protocol aims to leverage ETH holdings for higher returns while strengthening treasury stability. As of August 22, the firm reported 165.4 million outstanding shares.
ETHZilla’s aggressive buyback strategy mirrors the trend among digital asset treasuries to build large reserves while enhancing investor confidence, signaling that the company intends to remain a key corporate player in ether accumulation and yield generation.
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