Overview

• Board approval makes the repurchase program effective immediately, with authorization in place through June 30, 2026.
• Buybacks can occur in the open market or via negotiated transactions, including under a Rule 10b5-1 plan, with no obligation to purchase a set amount.
• The company reported 102,237 ETH acquired at an average price of $3,948.72, valued at roughly $489 million, plus about $215 million in cash equivalents.
• ETHZilla said its most recent Ether purchases will be staked using Electric Capital’s Electric Asset Protocol to generate yield.
• The Nasdaq-listed firm, rebranded this month from 180 Life Sciences, moved after its shares slid last week following a filing to offer 74.8 million convertible shares that raised dilution concerns.