ETHZilla Sells Approximately $40mm ETH to Facilitate Stock Repurchases

Core Insights - ETHZilla Corporation has sold approximately $40 million of its ETH treasury holdings to fund share repurchases, having repurchased around 600,000 shares for about $12 million since October 24, 2025 [1][2] - The company is executing share buybacks at a significant discount to its net asset value (NAV) and plans to continue this strategy until the discount is normalized [1][2] Financial Strategy - The company is leveraging its balance sheet strength by reducing ETH holdings to finance share repurchases, which are expected to be immediately accretive [2] - ETHZilla continues to hold approximately $400 million of ETH to support future strategic initiatives [2] Company Overview - ETHZilla Corporation operates in the decentralized finance (DeFi) industry, aiming to connect financial institutions and businesses through secure blockchain transactions [3] - The company generates recurring revenues through various DeFi protocols that enhance Ethereum network integrity and security [3] - ETHZilla is focused on tokenization solutions, DeFi protocol integration, and other decentralized finance services [3]