India, Aug. 12 -- Shares of 180 Life Sciences Corp. (ATNF), operating as ETHZilla, surged 72% on Tuesday after the company revealed cryptocurrency holdings.
ATNF is currently trading at $5.75, up $2.41 or 72.26%, on the Nasdaq. The stock opened at $5.95 after a previous close of $3.34. ATNF shares have traded between $0.66 and $17.75 over the past 52 weeks.
ETHZilla revealed that it holds 82,186 Ether (ETH) at an average acquisition cost of $3,806.71, valued at approximately $349 million. The company also reported about $238 million in USD cash equivalents.
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"At ETHZilla we have put over $350 million in capital to work since the PIPE transaction we compl...