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ETHZilla has sold approximately $40 million worth of ETH for stock buybacks

ETHZilla has sold approximately $40 million worth of ETH for stock buybacks

金色财经金色财经2025/10/27 20:38
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According to a report by Jinse Finance, a certain exchange company (Nasdaq: ETHZ) announced that it has sold approximately $40 million worth of Ethereum (ETH) for stock buybacks. Since the sale was executed on October 24, the company has repurchased about 600,000 shares of common stock for approximately $12 million and plans to continue using the remaining funds for further stock buybacks. The company still holds about $400 million in ETH for future strategic planning.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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