Etzilla (ethz) The company has approved a $250 million share repurchase program as the company doubles its ether-centric financial strategy, the company said in a press release Monday.
The Florida-based company said the board would soon approve the buyback and would run until June 30, 2026, or until the $250 million allocation runs out.
In addition to the move, the NASDAQ registered company has now held 102,237 ETH, which it acquired at an average price of 3,948.72.
At current market valuation, the stash is worth around $489 million. The company also reported that it holds approximately $215 million, equivalent to US dollar cash.
“As we continue to expand ETH bookings and pursue differentiated yield opportunities, we believe our current aggressive stock repurchase programme underscores our commitment to maximizing shareholder value.”
Ethzilla has also introduced its own electrical asset protocol. It says it will be used to generate higher yields on crypto stocks.
As of August 24, 2025, the company reported that 102,237 ETHs had been issued about $489 million, $215 million in cash equivalents and 165,478,655 shares.
Buyback adds another layer to Ethzilla’s strategy of leveraging new yield protocols to enhance returns while also actively building ether reserves.
Ethzilla’s shares fell nearly 30% on Friday after it revealed that shareholders filed a maximum of 74.8 million shares. The stock was trading 4.5% lower at about $3.15 at the time of publication.
read more: Etazirah shares plummet nearly 30% as dilution threatens to overshadow the $349 million ether treasury
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