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Ether Treasury Firm ETHZilla Sold $40M ETH to Fund Share Buyback Amid Discount to NAV

By Yahoo! Finance   |   1 month ago
Ether Treasury Firm ETHZilla Sold $40M ETH to Fund Share Buyback Amid Discount to NAV

ETHZilla, an Ethereum-focused digital asset treasury firm, sold $40 million in ETH from its treasury to repurchase shares of its stock. The company aims to continue buybacks until the discount to NAV is normalized, holding around $400 million in ETH.

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