Main notes
- The company’s total assets of $ 704 million, including $ 215 million of cash equations and digital property.
- ETHz shares rose by 10 % to $ 3.70 on Monday before stabilization, and ETHEREM price movements closely follow.
- The last acquisition will be on 20.1 ETH through the Capital Capital to generate the long -term return.
Ethereum listed in Nasdaq
Eth
4 $ 363
24 hours fluctuation:
8.8 %
The maximum market:
526.71 dollars b
Folder. 24h:
$ 46.15 b
ETHZILLA recently agreed to ETHZILLA recently on the $ 250 million replay plan, and revealed that it has 102,237 ETH with an average acquisition price of 3,948.72 dollars with a value of approximately $ 489 million.
According to the papers The total biases of the company, including the equivalent of 215 million dollars, which were presented to the Securities and Exchange Committee on August 25, provided about 704 million dollars.
Depending on the market conditions at the time of re -purchase, the ethzilla stands on board about half of its distinguished stocks if it incites the full purchase of $ 250 million.
Ethzilla continues to accumulate ETH amid the fluctuation of stocks
As of the time of the publication of this article, Ethzilla Stock (ETHZ) is traded at $ 3.33 per share of 24 hours of $ 25,509,723, according to Data from Yahoo Financing. The arrow jumped up to 10 % to $ 3.7, as trading began on Monday before returning to $ 3.3.
Ethz reached the highest level in six months on August 13, and reached its climax at $ 17.4 before closing the day at $ 10.7. This activity coincided with Ethereum peak at $ 4,760.
ETHZ arrow reached the highest level in six months on August 13. Source: Yahoo financing
Meanwhile, Ethereum maintained a lot of its momentum, and until the time of the publication of this article, it maintains about $ 4,620 for the coin after reaching a new ATH of $ 4900 on August 23.
ETHZILLA was steadily accumulated during this period. The SEC document mentioned above indicates that the company bought 12.5 coins during the August 17 and 7.6 week for the week ended on August 24.
The recently purchased ETH will be held in the long run and will pledge allegiance to the Capital Capital to generate the return.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Tristan is a technology journalist and editor -in -chief with 8 years of experience in covering science, technology, financing, politics and business. Before joining Coinspeaker, he wrote for Cointelegraph and TNW.
The post ETHZilla Announces $250M Share Buyback While Holding Half-Billion in Ethereum – Here’s Why first appeared on Investorempires.com.
