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Ethereum Treasury ETHZilla’s Holdings Surpass 102,000 ETH

Ash Tiwari
by Ash Tiwari
2 weeks ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum treasury firm ETHZilla today announced a share buyback program of up to $250 million of its outstanding common stock. The company also revealed that it now holds more than 102,000 ETH on its balance sheet.

ETHZilla Increases Ethereum Holdings

According to today’s announcement, ETHZilla currently holds a total of 102,237 ETH at an average acquisition price of $3,948. Executive Chairman McAndrew Rudisill commented:

At ETHZilla, we continue to deploy capital to accelerate our Ethereum treasury strategy with discipline and record speed, As we continue to scale our ETH reserves and pursue differentiated yield opportunities, we believe an aggressive stock repurchase program at the current stock price underscores our commitment to maximizing value for shareholders.

ETHZilla’s Ethereum holdings are now valued at more than $489 million. This latest acquisition positions the company as the fourth-largest publicly traded firm with an Ethereum treasury.

Related Reading: Tom Lee Buys $45M In Ethereum As Bitmine Expands Treasury To $7B ETH

Data from CoinGecko shows that digital assets mining firm Bitmine Immersion currently holds the largest in the world with more than 1.7 million ETH on its balance sheet. It is followed by SharpLink with more than 740,000 ETH in its crypto reserves.

ether
Source: CoinGecko.com

Notably, ETHZilla still maintains close to $215 million in cash equivalents. Following today’s announcement, its shares rose 6% to trade above $3.50. Year-to-date, the stock is up over 92%.

ethereum
Source: Yahoo! Finance

ETH Adoption Outshing Bitcoin Adoption?

While adding BTC as a part of the corporate treasury strategy has been a practice for a few years, seeing companies take the same approach with ETH has been the theme of 2025.

Related Reading: Ethereum’s Tech Edge Could Outshine Bitcoin — Here’s How

Compared to previous years, a wide range of companies began adding ETH to their treasuries this year. For instance, Nasdaq-listed SharpLink Gaming unveiled another major ETH purchase last week, bringing its total ETH holdings to over $3 billion.

Similarly, another publicly traded firm – BTCS Inc. said it had bought more than 14,500 ETH last week. Currently, BTCS Inc. is placed sixth in the list of publicly traded Ethereum firms, holding more than 70,000 ETH.

Another Nasdaq-listed software firm, GameSquare invested $5 million in ETH as part of its investment strategy. The firm aims to invest as much as $100 million in ETH and other digital assets.

The spillover effects of a strong corporate demand for ETH can also be seen in the performance of ETH-based crypto investment products. In July 2025, ETH-based investment products attracted total inflows worth $907 million.

Meanwhile, crypto pundits continue to give ambitious ETH price targets, with some as high as $10,000 ETH. At press time, ETH trades at $4,635, down 3.9% over the past 24 hours.

ethereum
Ethereum trades at $4,635 on the daily chart | Source: ETHUSDT on TradingView.com
Featured image from Unsplash.com, charts from Yahoo! Finance, TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ash Tiwari

Ash Tiwari

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Ash is a seasoned freelance editor and writer with extensive experience in the blockchain and cryptocurrency industry. Over the course of his career, he has contributed to major publications, playing a key role in shaping informative, timely content related to decentralized finance (DeFi), cryptocurrency trends, and blockchain innovation. His ability to break down complex topics has allowed both seasoned professionals and newcomers to the industry to benefit from his work. Beyond these specific roles, Ash's writing expertise spans a wide array of content, including news updates, long-form analysis, and thought leadership pieces. He has helped multiple platforms maintain high editorial standards, ensuring that articles not only inform but also engage readers through clarity and in-depth research. His work reflects a deep understanding of the rapidly evolving blockchain ecosystem, making him a valuable contributor in a field where staying current is essential. In addition to his writing work, Ash has developed a strong skill set in managing content teams. He has led diverse groups of writers and researchers, overseeing the editorial process from topic selection, approval, editing, to final publication. His leadership ensured that content production was timely, accurate, and aligned with the strategic goals of the platforms he worked with. This has not only strengthened his expertise in content strategy but also honed his project management and team coordination skills. Ash's ability to combine technical expertise with editorial oversight is further bolstered by his knowledge of blockchain analysis tools such as Etherscan, Dune Analytics, and Santiment. These tools have provided him with the data necessary to create well-researched, insightful articles that offer deeper market perspectives. Whether it’s tracking the movement of digital assets or analyzing blockchain transactions, his analytical approach adds value to the content he produces, ensuring readers receive accurate and actionable information. In the realm of content creation, Ash is not limited to just cryptocurrency markets. He has demonstrated versatility in covering other emerging technologies, market trends, and digital transformation across various industries. His in-depth research, coupled with a sharp editorial eye, has made him a sought-after professional in the freelance writing community. From developing editorial calendars to managing content delivery schedules, he has honed a meticulous approach to project management that ensures timely, high-quality work delivery. Throughout his freelance career, Ash has consistently focused on improving audience engagement through well-researched, insightful, and relevant content. His ability to adapt to the evolving needs of clients, whether it's enhancing the visibility of digital platforms or producing thought-provoking pieces for a wide range of audiences, sets him apart as a dynamic force in the field of digital content creation. His contributions have helped to shape a well-rounded portfolio that showcases his versatility, technical expertise, and dedication to elevating the standards of journalism in blockchain and related sectors.

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