ETHZilla (ETHZ) announced it now has total holdings of 102,246 Ether at an average acquisition price of $3,948.72, which is now valued at approximately $443 million. In addition to the ETH, ETHZilla holds approximately $213 million in USD cash equivalents. ETHZilla announced that it has entered into an over-the counter transaction with Cumberland DRW to obtain up to $80 million, collateralized by a portion of the Company’s holdings of ETH. The Company expects to use the net proceeds from this transaction to fund repurchases of common stock under the Company’s previously announced $250 million stock repurchase program. The Company has repurchased approximately 2.2 million shares at an average price of $2.50, reducing shares outstanding by 1.3%. summary of ETHZilla’s current ETH position and key metrics as of September 5, 2025, except for shares outstanding, as of September 7, 2025: Total ETH & ETH Equivalents Held: 102,246; Total ETH & ETH Equivalents Held: approximately $443 million; Total USD Cash Equivalents: approximately: $213 million; Total Shares Outstanding: 164,426,122
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETHZ: