ETHZilla’s Wild $250M Buyback & Crypto Cash Cow!

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  • ETHZilla’s board approved a $250 million stock buyback 🤯. Because who needs a life when you can just keep buying back shares?
  • The company now holds 102,237 ether, currently worth about $489 million. Because nothing says “I’m rich” like holding a bunch of digital coins that might as well be a meme 🧠.
  • ETHZilla introduced its proprietary Electric Asset Protocol 🚀. Because who doesn’t want to turn their crypto into a never-ending money machine?

ETHZilla (ETHZ) has authorized a $250 million stock repurchase program as the company doubles down on its ether-focused treasury strategy, the firm said in a press release Monday. Because nothing says “we’re serious” like a stock repurchase that makes sense… or doesn’t. 🤷‍♀️

The Florida-based firm said its board approved the buyback effective immediately, with the program set to run until June 30, 2026, or until the full $250 million allocation is exhausted. Because who needs a life when you can just keep buying back shares? 💸

Alongside the move, The Nasdaq-listed company disclosed that it now holds 102,237 ETH, acquired at an average price of $3,948.72. At current market valuations, the stash is worth approximately $489 million. Because nothing says “I’m rich” like holding a bunch of digital coins that might as well be a meme 🧠.

“As we continue to scale our ETH reserves and pursue differentiated yield opportunities, we believe an aggressive stock repurchase program at the current stock price underscores our commitment to maximizing value for shareholders,” said McAndrew Rudisill, executive chairman of ETHZilla, in the release. Because nothing says “we’re committed” like a stock that’s more volatile than a TikTok dance trend. 🕺

ETHZilla also introduced its proprietary Electric Asset Protocol, which it says will be used to generate higher yields on its crypto holdings. Because who doesn’t want to turn their crypto into a never-ending money machine? 🚀

As of August 24, 2025, the company reported 102,237 ETH valued at about $489 million, $215 million in cash equivalents, and 165,478,655 shares outstanding, as of August 22. Because nothing says “we’re stable” like a stock that’s more volatile than a TikTok dance trend. 💸

The buyback adds another layer to ETHZilla’s strategy of aggressively building ether reserves while leveraging new yield protocols to bolster returns. Because nothing says “we’re innovative” like a protocol that’s as confusing as a spreadsheet. 📊

ETHZilla shares tumbled nearly 30% on Friday after the company disclosed that shareholders filed to offer up to 74.8 million convertible shares. The stock was was trading 4.5% lower, around $3.15, at publication time. Because nothing says “we’re trustworthy” like a stock that’s more volatile than a TikTok dance trend. 🕺

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2025-08-25 21:43