ETHZilla sells ~$40M in Ethereum (ETH) to fund stock buybacks

ETHZilla said it sold about $40 million in ETH to finance share repurchases. The company framed the move as part of its board-approved buyback program. It aims to reduce the gap between market price and net asset value.Moreover, the firm indicated the repurchases would occur in the open market. It cited prevailing prices and liquidity […]

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