{"content":"#ETHZilla ETHZilla Rebrands and Transitions to Ethereum Strategic Reserve ETHZilla, previously known as 180 Life Sciences Corp, has announced a strategic rebranding and shift to become a community-driven Ethereum reserve platform, as reported by BlockBeats. Now listed on Nasdaq under the ticker symbols ETHZ (common stock) and ETHZW (public warrants), the company has retired its former tickers, ATNF and ATNFW, with no action required from shareholders. Through a successful $425 million private investment in public equity (PIPE) and a $156.25 million convertible note issuance, ETHZilla has acquired 94,675 ETH at an average price of $3,902.20, currently valued at approximately $419 million. The company also holds $187 million in cash equivalents, strengthening its financial position. Supported by prominent investors, including Electric Capital and Polychain, ETHZilla aims to innovate on-chain treasury management with a yield-focused strategy. This move signals a significant step for public companies integrating with decentralized finance. What are your thoughts on ETHZilla’s strategic pivot? Share your insights below. #ETH #defi #crypto ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/18/2b35dd34af894c499c204d93894e510e.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}