180 Life Sciences Boosts Its Value by Building Altcoin Reserve
Main Idea
180 Life Sciences is rebranding as ETHZilla and accumulating Ethereum (ETH) as treasury reserves, with plans to amass $425 million, supported by major crypto firms.
Key Points
1. 180 Life Sciences is accumulating Ethereum (ETH) as part of its treasury reserves strategy.
2. The company plans to rebrand as ETHZilla and aims to amass $425 million in ETH.
3. Major crypto firms like Electric Capital, Polychain, and GSR are supporting the company’s transformation.
4. The proposal includes a public private equity investment (PIPE) transaction valued at approximately $425 million.
Description
MicroStrategy inspired a wave of cryptocurrency reserve strategies among publicly traded companies. 180 Life Sciences rebrands to ETHZilla, planning a $425 million crypto reserve expansion. Supporters include Electric Capital, Polychain, and GSR, bolstering their strategic transformation. Continue Reading: 180 Life Sciences Boosts Its Value by Building Altcoin Reserve The post 180 Life Sciences Boosts Its Value by Building Altcoin Reserve appeared first on COINTURK NEWS .
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