ETHZilla Corporation Sells $40M Ethereum Holdings to Fund Stock Buybacks

Published at 2025-10-27 22:23:25
ETHZilla Corporation Sells $40M Ethereum Holdings to Fund Stock Buybacks – cover image

ETHZilla Corporation (Nasdaq: ETHZ) recently announced it sold $40 million worth of its Ethereum (ETH) treasury holdings to fund a stock buyback program. This strategic move aims to reduce the company's net asset value (NAV) discount and enhance shareholder value. The buyback program has already led to the repurchase of approximately 600,000 shares for $12 million, with plans to use remaining proceeds for further share repurchases.

In addition to these buybacks, ETHZilla invested $15 million into Satschel, Inc., targeting advancements in decentralized finance (DeFi) integration and real-world asset tokenization — moves that align with expanding blockchain applications beyond trading and speculation.

Despite the recent sale, the company still holds around $400 million in Ethereum, demonstrating its long-term commitment to the crypto asset. The stock price experienced a 7.3% surge following the announcement, although the price-to-book ratio remained high at 53.7x.

Investors await the upcoming third-quarter 2025 earnings release scheduled for November 14, 2025, for more insights on ETHZilla's financial health and strategic direction.

For crypto enthusiasts or investors looking to access cryptocurrencies with flexible payment options, platforms like Bitlet.app offer innovative solutions such as Crypto Installment services. Bitlet.app allows users to buy cryptos now and pay monthly, making crypto investments more accessible without the need for a large upfront payment.

Share on:

Related news

Aethir Stops Bridge Exploit, Vows Compensation After Under $90K Loss

Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

Published at 2026-04-10 11:15:12
BlackRock Appoints Galaxy Digital as Validator for ETHB After $435M AUM

BlackRock has tapped Galaxy Digital to serve as a validator for ETHB, its staked-Ethereum ETF, after the fund’s assets topped $435 million on April 8. The appointment broadens the ETF’s validator roster and reflects rising institutional interest in ETH staking.

Published at 2026-04-09 21:45:38
Tom Lee’s BitMine Uplists to NYSE as Ethereum Firm Boosts Buybacks to $4B

BitMine Immersion Technologies, the Ethereum-focused treasury vehicle associated with Tom Lee, said Thursday it has increased its share buyback authorization to $4 billion and completed an uplisting to the New York Stock Exchange. The moves are aimed at tightening supply and expanding access to institutional investors.

Published at 2026-04-09 16:15:51
Ethereum Foundation to Convert 5,000 ETH to Stablecoins via CoW Swap TWAP

The Ethereum Foundation plans to offload 5,000 ETH into stablecoins using a TWAP execution via CoW Swap, aiming to limit market impact and timing risk.

Published at 2026-04-08 17:01:14
Ethereum Foundation Converts 5,000 ETH to DAI in $10M Treasury Move

The Ethereum Foundation has begun converting 5,000 ETH—roughly $10 million—into the stablecoin DAI. The transaction appears to be part of a treasury diversification strategy aimed at preserving funding for long-term development.