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Ethzilla Unveils $250M Share Buyback, Reveals $ETH Holdings

Published by
Sohrab Khawas

Ethzilla revealed a $250 million share repurchase plan to enhance shareholder value. The company currently holds 102,237 Ethereum tokens, valued at approximately $489 million, purchased at an average price of $3,948.72 per coin. Ethzilla aims to grow its Ethereum treasury while offering an aggressive stock buyback program to support its financial strategy and maximize returns for investors. The move highlights Ethzilla’s commitment to Ethereum accumulation and value creation in the crypto market.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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