ETHZilla Accelerates Ethereum Treasury Strategy with $250M Buyback & 102,237 ETH Holdings
🔑 Key Takeaways ETHZilla authorized up to $250 million in stock repurchases , underscoring its commitment to shareholder value. The company has accumulated 102,237 ETH (~$489M at current price), plus $215M in USD stablecoins . ETHZilla plans to generate returns by staking ETH via Electric Capital’s Electric Asset Protocol . This positions ETHZilla among the top four public companies with the largest ETH treasuries . 🗞 Main Story ETHZilla (formerly 180 Life Sciences), now a Nasdaq-listed Ethereum treasury company, has announced a $250M stock buyback program to run through June 30, 2026, or until funds are fully used. The company disclosed holdings of 102,237 ETH , acquired at an average of $3,948.72 and now valued near $489M . Alongside, it retains $215M in cash equivalents for liquidity. Beyond accumulation, ETHZilla intends to deploy assets into staking through Electric Asset Protocol , unlocking yiel...