ETHZilla Rebrands and Invests in Ether, Stock Surges

Reported about 19 hours ago

ETHZilla, the newly rebranded company formerly known as 180 Life Sciences, announced plans to implement an Ether treasury strategy, leading to a significant stock price surge of up to 70%. With nearly $350 million in Ether and aspirations to expand its holdings, ETHZilla's stock has seen remarkable growth this year, echoing the Bitcoin treasury strategy of MicroStrategy. The price of Ether remains near its all-time high, indicating a strong market for cryptocurrencies.

Source: YAHOO

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