The post Ethereum Treasury ETHZilla Reveals $250 Million Buyback After Stock Craters appeared on BitcoinEthereumNews.com.

In brief Ethereum treasury company ETHZilla has announced a $250 million stock buyback program. The firm’s stock is down by more than 50% over the last week, evaporating most of its recent gains. Ethereum recently hit a new all-time high price, breaking a record that stood since 2021. ETHZilla Corporation—a publicly traded Ethereum treasury firm formerly known as 180 Life Sciences—announced Monday that its board has authorized a stock repurchase program of up to $250 million of the company’s outstanding shares, effective immediately. The move comes following a substantial dive for the firm’s stock price last week. ETHZilla, which trades on the Nasdaq under ETHZ, is down more than 53% on the week to a current price of $3.18, with the drop coming after a surge that tripled the stock’s value after billionaire VC Peter Thiel bought a stake in the company. Last week’s price decline came as the company filed with the SEC on Friday to offer 74.8 million convertible shares, as part of an agreement reached on August 8. The filing fueled dilution concerns, as the total amount of outstanding shares is set to grow from 164.4 million to over 239.2 million.  ETHZ stock is down nearly 3.8% on the day following the stock buyback announcement. ETHZilla has given up most of its recent gains following last week’s price plunge, with the stock showing a less than 5% rise over the last month. The Palm Beach, Florida-based company also disclosed it now holds 102,237 ETH at an average acquisition price of $3,948.72, valued at approximately $474 million as of this writing. The firm also has about $215 million in cash equivalents. The Ethereum tally includes 7,600 ETH acquired over the last week. “At ETHZilla, we continue to deploy capital to accelerate our Ethereum treasury strategy with discipline…

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Filed under: News - @ August 26, 2025 11:28 pm