ETHZilla and Cumberland reach $80 million over-the-counter deal
Source: CoinWorld
Time: 2025-09-08 21:19:43
Ethereum fund management company ETHZilla announced a successful completion of over-the-counter trading (OTC) with Cumberland, receiving up to $80 million in financing. The net proceeds from the transaction will be used to buy back the company's shares. ETHZilla has repurchased 2.2 million shares at an average price of $2.50 per share.