🚨 ETHZilla Sells $40M in ETH to Fund Stock Buybacks
Ethereum-treasury firm ETHZilla has offloaded $40 million worth of ETH to support its ongoing share repurchase program, buying back roughly 600,000 shares valued at $12 million as part of its $250 million buyback plan.
Despite the sale, ETHZilla still holds over $400 million in ETH, reflecting a strategic balance between equity confidence and crypto exposure management — a move that highlights both market discipline and long-term conviction in its assets.