ETHZilla disclosed holdings of 82,186 ETH, with a market value of approximately $349 million
2025/08/12 20:20
PANews reported on August 12th that 180 Life Sciences ( ETHZilla ) announced it currently holds 82,186 Ethereum ( ETH ) at an average purchase price of $ 3,806.71 , with a total market value of approximately $ 349 million. The company also holds approximately $ 238 million in cash equivalents. ETHZilla plans to hold the newly acquired ETH for the long term and, in partnership with Electric Capital , utilize a proprietary Ethereum network strategy to generate returns through staking. The company is accelerating its transformation into an institutional-grade Ethereum reserve management platform and continues to advance its gaming and biotech businesses.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Genesis lawsuit alleges DCG ‘alter ego’ scheme, ignored warnings, scripted lies
A newly unsealed complaint reveals DCG executives anticipated legal fallout and ignored risk warnings as Genesis spiraled toward collapse.
Share
PANews2025/06/25 16:05
Trading time: Trump releases positive news to boost the crypto market, Bitcoin breaks $100,000 again, Ethereum surges 20%, analysis reminds of the seasonal pattern of "sell in May"
Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/05/09 13:21
Iran orders crypto exchange curfew after $100M Nobitex hack
Chainalysis’s head of national security intelligence told Cointelegraph the curfew is likely an attempt to prevent people from transferring capital out of the country.
Share
PANews2025/06/19 11:27