ETHZilla Secures $80 Million Deal as ETH Holdings Hit $443 Million

- Holdings grow to 102,246 ETH, valued at $443 million, alongside $213 million in cash. - $100 million in ETH committed to EtherFi protocol for yield generation. ETHZilla, a Nasdaq-listed corporation (ticker: ETHZ), disclosed a significant increase in its Ethereum treasury and announced several strategic initiatives focused on capital allocation, leadership transition, and yield generation. On September 8, 2025, PR Newswire reported that ETHZilla's Ethereum holdings grew to 102,246 ETH, valued at approximately $443 million, while the company also holds $213 million in cash equivalents. To advance its strategy, ETHZilla secured an $80 million financing deal with Cumberland DRW using a portion of its ETH holdings as collateral. The company will use the proceeds to bolster its previously announced $250 million stock buyback program, which has already repurchased 2.2 million shares and reduced outstanding shares by 1.3%. In addition to these financial maneuvers, the company confirmed a key leadership change. McAndrew Rudisill assumed the role of Chief Executive Officer effective September 4, 2025. Rudisill replaces outgoing CEO Blair Jordan and will also retain his position as Chairman of the Board. To maximize returns from its crypto assets, ETHZilla allocated $100 million worth of Ethereum into the EtherFi liquid staking protocol. This move into decentralized finance (DeFi) aims to generate yield that outpaces traditional Ethereum staking methods and reflects a broader trend among corporations accumulating and actively managing Ethereum treasuries to adapt to the evolving blockchain and cryptocurrency ecosystem. According to CoinMarketCap on September 8, Ethereum (ETH) was trading at $4,331.85 at 17:14 UTC, and its 24-hour trading volume had increased by 1.18%.