ETHZilla (ETHZ) announced that its Board of Directors has authorized a stock repurchase program of up to $250M of the company’s outstanding shares of common stock, effective immediately. Additionally, the company announced it now has total holdings of 102,237 Ether at an average acquisition price of $3,948.72, which is now valued at approximately $489M. In addition to the ETH, ETHZilla holds approximately $215M in USD cash equivalents.
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