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ETHZilla reaches off-exchange deal with Cumberland for up to $80 million in financing for stock buyback

Summary: In breaking news, according to official sources, Ethereum treasury company ETHZilla has announced reaching an off-exchange deal with Cumberland to secure up to $80 million in financing, with the net proceeds to be used for a stock buyback. Previously, ETHZilla had already repurchased 2.2 million shares of company stock at an average price of $2.50.

In breaking news, according to official sources, Ethereum treasury company ETHZilla has announced reaching an off-exchange deal with Cumberland to secure up to $80 million in financing, with the net proceeds to be used for a stock buyback. Previously, ETHZilla had already repurchased 2.2 million shares of company stock at an average price of $2.50.

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Link: ETHZilla reaches off-exchange deal with Cumberland for up to $80 million in financing for stock buyback [Copy]

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