Etherzilla sold $40 million in Ethereum to fund a $250 million share buyback, aiming to reduce its steep NAV discount as shares rebound 14% after the announcement.
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https://en.infomaxai.com/news/articleView.html?idxno=87554
Etherzilla Sells Ethereum Holdings to Fund Share Buyback—Aims to Narrow NAV Discount

Etherzilla sold $40 million in Ethereum to fund a $250 million share buyback, aiming to reduce its steep NAV discount as shares rebound 14% after the announcement.

Yonhap Infomax
Etherzilla launches a $250 million share buyback after its stock plunged 31% on dilution fears, while disclosing $489 million in Ethereum holdings and $215 million in cash.
#YonhapInfomax #Etherzilla #ShareBuyback #EthereumHoldings #StockPlunge #ConvertibleShares #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78737
Ethereum Financial Firm Etherzilla Launches Share Buyback After 30% Stock Plunge

Etherzilla launches a $250 million share buyback after its stock plunged 31% on dilution fears, while disclosing $489 million in Ethereum holdings and $215 million in cash.

Yonhap Infomax