Ethzilla (Ethz) has approved a $ 250 million stock purchase program as the company doubles on its Ethermanfocused Treasury Strategy, the company said in a press release on Monday.
The Florida-based company said its board of directors approved the repurchase effectively immediately where the program would run until June 30, 2026, or until the full allocation of $ 250 million is exhausted.
Alongside the move, the NASDAQ-listed company revealed that it now has 102,237 ETH, acquired at an average price of $ 3,948.72.
In the current market assessments, Stash is worth approx. $ 489 million. The company also reported that they had approx. 215 million dollars in cash equivalents on dollar.
“As we continue to scale our ETH reserves and pursue differentiated dividend options, we believe that an aggressive share purchase program for the current share price emphasizes our obligation to maximize the value of the shareholders,” said Mcandrew Rudisill, executive chairman of Ethzilla, in liberation.
Ethzilla also introduced its proprietary electrical asset protocol, as it says, will be used to generate higher yields on its crypto holdings.
Per. 24 August 2025, the company reported 102,237 ETH appreciated at around $ 489 million, $ 215 million in cash equivalents and 165,478,655 outstanding shares from August 22.
The repurchase adds another layer to Ethzilla’s strategy of aggressively building Ethres Server while utilizing new dividend protocols to strengthen returns.
Ethzilla shares tumbled almost 30% on Friday after the company revealed that shareholders filed to offer up to 74.8 million convertible shares. The share traded at 4.5% lower, around $ 3.15, at the time of announcement.
Read more: Ethzilla shares jump almost 30%as dilution fear overshadows $ 349 million. The ether box
