ETHZilla Sells $40M in Ether to Fund Share Buybacks, Potentially Narrowing NAV Discount
The post ETHZilla Sells $40M in Ether to Fund Share Buybacks, Potentially Narrowing NAV Discount appeared on BitcoinEthereumNews.com.
COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → ETHZilla, a Nasdaq-listed Ethereum treasury corporation under the ticker ETHZ, sold about $40 million worth of Ether to fund a share buyback program. This move aims to boost shareholder value by reducing the gap between its share price and net asset value (NAV), with over 600,000 shares repurchased so far. Strategic Ether Sale: ETHZilla offloaded Ether on October 24 to capitalize on its treasury holdings for equity enhancements. The buyback is part of a $250 million authorization, allowing opportunistic purchases when shares trade below NAV. Post-announcement, ETHZilla’s stock surged 14.5% in regular trading and 9% after hours, reaching above $22.50 per share, per market data. Discover how ETHZilla’s $40 million Ether sale fuels share buybacks to close the NAV discount. Explore impacts on Ethereum treasuries and investor strategies in this detailed analysis. What is ETHZilla’s Ether Sale Strategy? ETHZilla’s Ether sale involves liquidating a portion of its cryptocurrency holdings to finance a robust share repurchase initiative. The company, focused on Ethereum ecosystem investments, sold approximately $40 million in Ether on October 24, as outlined in its press release. This…
Filed under: News - @ October 28, 2025 3:24 am