{"id":682099,"date":"2025-07-29T21:15:21","date_gmt":"2025-07-29T18:15:21","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/down-99-biotech-firm-180-life-sciences-pivots-to-crypto-with-eth-bet\/"},"modified":"2025-07-29T21:15:21","modified_gmt":"2025-07-29T18:15:21","slug":"down-99-biotech-firm-180-life-sciences-pivots-to-crypto-with-eth-bet","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/down-99-biotech-firm-180-life-sciences-pivots-to-crypto-with-eth-bet\/","title":{"rendered":"Down 99%, biotech firm 180 Life Sciences pivots to crypto with ETH bet"},"content":{"rendered":"

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The Nasdaq-listed biotechnology<\/a> firm is raising $425 million for its ETH strategy, joining a parade of penny stocks investing in cryptocurrencies as their business flounders.<\/p>\n

Nasdaq-listed 180 Life Science<\/a>s Corp plans to invest heavily in Ether and rebrand as ETHZilla Corporation, a strategic pivot away from its biotechnology origins amid mounting losses.<\/p>\n

On Tuesday, the company announced<\/a> a $425 million private placement aimed at building an Ether (ETH) treasury reserve. The funds are being raised through a private investment in public equity (PIPE) deal involving the sale of common stock, a structure often used by crypto-focused investors.<\/p>\n

Additionally, the company disclosed it has app<\/a>roval to issue up to $150 million in debt securities.<\/p>\n

Read more<\/p>\n<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Nasdaq-listed biotechnology firm is raising $425 million for its ETH strategy, joining a parade of penny stocks investing in cryptocurrencies as their business flounders. Nasdaq-listed 180 Life Sciences Corp plans to invest heavily in Ether and rebrand as ETHZilla Corporation, a strategic pivot away from its biotechnology origins amid mounting losses. On Tuesday, the…<\/p>\n","protected":false},"author":1,"featured_media":682100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-07\/0198570f-a0cf-7e7a-b9f7-6b89c04e279b","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74891,117,83227,70359],"class_list":["post-682099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ethereum","tag-business","tag-companies","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/682099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=682099"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/682099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/682100"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=682099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=682099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=682099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}