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TechFlow, Sept. 8 — According to the official X account of ETHZilla Corporation (Nasdaq: ETHZ), a Nasdaq-listed Ethereum treasury company, ETHZilla has reached an over-the-counter agreement with Cumberland DRW to secure up to $80 million in financing. The funds will be used to repurchase ETHZ shares.
The announcement revealed that ETHZilla has already completed the repurchase of 2.2 million ETHZ shares at an average price of $2.50 per share.
According to the official X account of ETHZilla Corporation (Nasdaq: ETHZ), a Nasdaq-listed Ethereum treasury company, ETHZilla has reached an OTC agreement with Cumberland DRW for up to $80 million in financing. The funds will be used to repurchase ETHZ shares. The announcement shows that ETHZilla has already completed the repurchase of 2.2 million ETHZ shares at an average price of $2.50 per share.
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