ETHZilla has initiated a brand transformation and has accumulated a total of 94,675 ETH.

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[Block Rhythm] On August 18, according to official news, ETHZilla company (NASDAQ stock code: ETHZ) announced today the official launch of its new brand, marking a key step in the company's transition to an Ethereum strategic reserve. This company, formerly known as 180 Life Sciences Corp, will shift its main non-traditional business to building an Ethereum (ETH) reserve platform "co-built by the community, serving the community." Starting today, the company's common stock and public warrants will trade on Nasdaq under the new codes "ETHZ" and "ETHZW," while the original codes "ATNF" and "ATNFW" will be deactivated simultaneously. Shareholders do not need to take any action regarding this change.

After successfully completing a $425 million common stock and pre-financing warrant private placement (PIPE) and a $156.25 million convertible note issuance, the company has accumulated 94,675 ETH, with an average purchase price of $3,902.20, currently valued at approximately $419 million. Additionally, ETHZilla also holds about $187 million in cash equivalents.

ETH-3.89%
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RektButSmilingvip
· 9h ago
Is it another new way to Be Played for Suckers?
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SnapshotDayLaborervip
· 9h ago
This operation is something special.
View OriginalReply0
LoneValidatorvip
· 9h ago
Squat for a big Plummet
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PerennialLeekvip
· 9h ago
Here to be played for suckers again, right?
View OriginalReply0
CodeZeroBasisvip
· 9h ago
Oh no, the institutions are going to Be Played for Suckers again.
View OriginalReply0
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