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ETHZilla Announces Common Stock Offering of up to $10 Billion to Acquire More ETH

ETHZilla Announces Common Stock Offering of up to $10 Billion to Acquire More ETH

BlockBeats2025/08/23 20:31
ETH-3.50%

BlockBeats News, August 23 — U.S.-listed Ethereum reserve company ETHZilla (formerly 180 Life Sciences) announced that, according to a sales agreement signed and amended with Clear Street LLC, the company plans to periodically issue and sell common stock through Clear Street as its sales agent, with a maximum total fundraising amount of up to $10 billion.


As of this announcement, the company has issued and sold 5,001,310 shares of common stock under the original sales agreement, raising a total of approximately $34.4 million. From the date of this supplemental prospectus, the company will no longer sell common stock pursuant to the at-the-market offering prospectus filed on August 13, 2025.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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