CoinDesk••1 min read
ETHZilla Sells $74.5M Ether to Reduce Debt After $40M Sale
ETHZilla has sold $74.5 million worth of ether to decrease its debt. This marks the company's second sale of its ETH treasury. Previously, ETHZilla sold $40 million in ether during October. According to reports, the prior sale was to fund share repurchases. The latest sale continues a strategy of managing its cryptocurrency holdings to address financial obligations.
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