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ETHZilla Approves $250 Million Stock Buyback Plan
Summary: In breaking news, the board of directors of ETHZilla Corporation (NASDAQ: ETHZ) has approved a stock buyback plan with a maximum amount of $250 million, effective immediately. Additionally, the company announced that it currently holds 102,237 ETH with an average purchase price of $3,948.72, currently valued at approximately $489 million. In addition to ETH, ETHZilla ...
In breaking news, the board of directors of ETHZilla Corporation (NASDAQ: ETHZ) has approved a stock buyback plan with a maximum amount of $250 million, effective immediately. Additionally, the company announced that it currently holds 102,237 ETH with an average purchase price of $3,948.72, currently valued at approximately $489 million. In addition to ETH, ETHZilla also holds around $215 million in US dollar cash equivalents.
