{"id":55275,"date":"2025-10-28T01:09:50","date_gmt":"2025-10-27T22:09:50","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=55275"},"modified":"2025-10-28T01:09:50","modified_gmt":"2025-10-27T22:09:50","slug":"ethzilla-40m-eth-share-buyback","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ethzilla-40m-eth-share-buyback\/","title":{"rendered":"ETHZilla Sells $40M ETH to Fund Share Buyback"},"content":{"rendered":"<p data-start=\"513\" data-end=\"723\">Ethereum-focused digital asset treasury company <strong>ETHZilla<\/strong> (ETHZ) sold $40 million worth of <a href=\"https:\/\/coinengineer.net\/blog\/ethereum-foundation-654m-eth-transfer\/\"><strong>ETH<\/strong><\/a> to fund its share buyback program. The move aims to increase NAV per share and reduce the market supply of shares.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/ethzilla-40m-eth-share-buyback\/#Share_Buyback_Strategy\" title=\"Share Buyback Strategy\">Share Buyback Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/ethzilla-40m-eth-share-buyback\/#ETH_Sale_and_Market_Reaction\" title=\"ETH Sale and Market Reaction\">ETH Sale and Market Reaction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/ethzilla-40m-eth-share-buyback\/#About_ETHZilla\" title=\"About ETHZilla\">About ETHZilla<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"730\" data-end=\"762\"><span class=\"ez-toc-section\" id=\"Share_Buyback_Strategy\"><\/span>Share Buyback Strategy<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"763\" data-end=\"1136\">On October 24, 2025, ETHZilla used part of the proceeds from the ETH sale to repurchase approximately 600,000 shares for $12 million. This buyback is part of a larger $250 million program approved in August. The company plans to continue share repurchases using remaining funds until the NAV discount returns to normal, selling ETH strategically to fund further buybacks.<\/p>\n<p data-start=\"1138\" data-end=\"1173\">CEO McAndrew Rudisill stated:<\/p>\n<blockquote data-start=\"1174\" data-end=\"1605\">\n<p data-start=\"1176\" data-end=\"1605\">\u201cWe are leveraging the strength of our balance sheet, including reducing ETH holdings, to execute share buybacks. These buybacks are expected to immediately add value using the cash from our ETH sale while shares trade at significant discounts to NAV.<\/p>\n<p data-start=\"1176\" data-end=\"1605\">We plan to opportunistically repurchase shares while they trade below NAV, reducing the number of shares available for lending\/borrowing and increasing our NAV per share.\u201d<\/p>\n<\/blockquote>\n<h3 data-start=\"1612\" data-end=\"1650\"><span class=\"ez-toc-section\" id=\"ETH_Sale_and_Market_Reaction\"><\/span>ETH Sale and Market Reaction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1651\" data-end=\"1883\">ETHZilla\u2019s $40 million ETH sale occurred when ETH was around $3,900. Following the sale, ETH briefly rose but later settled at $4,150. The strategic sale sends a clear signal to the market against selling shares at a NAV discount.<\/p>\n<h3 data-start=\"1890\" data-end=\"1914\"><span class=\"ez-toc-section\" id=\"About_ETHZilla\"><\/span>About ETHZilla<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1915\" data-end=\"2329\">ETHZilla Corporation (Nasdaq: ETHZ) is a technology company operating in the decentralized finance (DeFi) sector. The company provides secure and accessible blockchain operations through Ethereum protocol applications, connecting financial institutions, businesses, and organizations globally. ETHZilla also generates recurring revenue through DeFi protocols that enhance Ethereum network security and integrity.<\/p>\n<p data-start=\"1915\" data-end=\"2329\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum-focused digital asset treasury company ETHZilla (ETHZ) sold $40 million worth of ETH to fund its share buyback program. The move aims to increase NAV per share and reduce the market supply of shares. Share Buyback Strategy On October 24, 2025, ETHZilla used part of the proceeds from the ETH sale to repurchase approximately 600,000<\/p>\n","protected":false},"author":36,"featured_media":42722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,2],"tags":[847,93,490,14115,105,22706,501,2041,25108],"class_list":["post-55275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-news","tag-crypto-news","tag-defi","tag-digital-asset","tag-eth-sale","tag-ethereum","tag-ethzilla","tag-investment","tag-nav","tag-share-buyback"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ETHZilla Sells $40M ETH to Fund Share Buyback - Coin Engineer<\/title>\n<meta name=\"description\" content=\"ETHZilla sold $40M in ETH to finance its share buyback program, aiming to boost NAV per share and reduce market float.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ethzilla-40m-eth-share-buyback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ETHZilla Sells $40M ETH to Fund Share Buyback - 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