ETHZilla Soars 12.73% on Stock Repurchase, Ethereum Acquisition

Generado por agente de IAAinvest Pre-Market Radar
lunes, 25 de agosto de 2025, 9:06 am ET1 min de lectura
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On August 25, 2025, ETHZillaETHZ-- surged by 12.73% in pre-market trading, marking a significant rise in its stock value.

ETHZilla Corporation has announced a $250 million stock repurchase program, which is expected to boost investor confidence and potentially drive up the stock price. This move comes as part of the company's strategic efforts to enhance shareholder value and optimize its capital structure.

ETHZilla has also been actively acquiring EthereumETH--, with the company having acquired or agreed to acquire 102,237 ETH at an average price of $3,948.72. This acquisition is part of the company's broader strategy to integrate Ethereum into its treasury, reflecting a growing trend among corporations to adopt cryptocurrencies as reserve assets.

The company's rebranding from 180 Life Sciences to ETHZilla in July 2025 has been a bold move, positioning itself as an Ethereum treasury company. This rebranding was funded by a $425 million PIPE, indicating strong financial backing and strategic vision.

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