180 Life Sciences Secures $156.25M in Convertible Notes

Tip Ranks
2025.08.11 14:32
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180 Life Sciences has secured $156.25 million in senior secured convertible notes through a Securities Purchase Agreement with an institutional investor. The funds will be used to expand the company's Ethereum holdings as part of its new treasury strategy, enhancing its balance sheet and market positioning. The company, also known as ETHZilla, is transitioning towards software-enabled gaming and aims to set a benchmark for on-chain treasury management among public companies.

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180 Life Sciences ( (ATNF) ) has shared an update.

On August 8, 2025, 180 Life Sciences entered into a Securities Purchase Agreement with an institutional investor to issue senior secured convertible notes worth $156.25 million. The proceeds will be used to expand the company’s ETH holdings as part of its new treasury strategy. The issuance of these notes is a significant step in the company’s strategy to focus on digital asset accumulation and enhance its balance sheet, potentially impacting its market positioning and stakeholder interests.

More about 180 Life Sciences

180 Life Sciences, also known as ETHZilla, is an innovative biotechnology company transitioning towards software-enabled gaming and entertainment. The company is integrating an Ethereum (ETH) treasury strategy and aims to become a benchmark for on-chain treasury management among public companies.

Average Trading Volume: 2,455,440

Technical Sentiment Signal: Buy

Current Market Cap: $462.1M

See more insights into ATNF stock on TipRanks’ Stock Analysis page.

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