1 天前
I am hoping this gets forgotten quickly but ngl this could push $ETH once more below $4k. It’s not that big a deal, as they can sell another $40-50m worth or so and $SBET might add $500m if they decided to do the same (ie less than half of $ETH daily trading volume in USD, less than 1% if we allow for stablecoins and accept all reported volumes as true - LOL), but its a potential sentiment drag. Like when the Foundation announces a sale. Should be forgotten in a few hours or days.
1 天前
0/ ETHZilla today announced share buyback of approximately $40 million as ETHZ trades at a significant discount to NAV. Since Friday, October 24, we have repurchased ~600,000 shares for roughly $12M under the $250M buyback authorization, and plan to continue to repurchase our shares until the discount to NAV is normalized.
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