ETHZilla Launches $250 Million Stock Buyback Plan, Bolsters Market Confidence

ETHZilla Corporation has announced a significant stock buyback plan worth $250 million, aimed at boosting shareholder value and capitalizing on the volatile cryptocurrency market. This move comes as ETHZilla’s substantial ETH holdings, currently valued at approximately $489 million, are expected to benefit from the growing crypto space. The buyback program, initiated through working capital and proceeds from at-the-market offerings, runs until June 2026 and will be key in enhancing shareholder confidence during this time.