ETHZilla (ETHZ), formerly 180 Life Sciences (ATNF), announced the official launch of its new brand as part of the company’s transition to focus on its recently announced ethereum (ETH) treasury strategy. The company’s common stock and public warrants will begin trading on Nasdaq under the new ticker symbols “ETHZ” and “ETHZW” as of “market open on August 18, replacing “ATNF” and “ANTFW.” Since closing its recent private placement and convertible note offering, the company has accumulated 94,675 ETH at an average acquisition price of $3,902.20, currently valued at approximately $419M. The company also holds $187M in cash equivalents.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ATNF: