ETHZilla Rebrands From 180 Life Sciences, But Stock Sinks 4% In After-Hours Trading: Here's Why

Aniket Verma

August 18, 2025

Shares of the newly branded ETHZilla Corp. (NASDAQ:ETHZ) sank over 4% in Monday's after-hours trading amid a dip in Ethereum (CRYPTO: ETH), its primary treasury asset.

ETHZ shares are sliding after hours. Get the update here.

Shaky Start For The ETH ‘Proxy’ Stock

ETH fell from $4,380 to $4,290 in the evening, potentially hurting the company’s value, which pivoted to an Ethereum treasury strategy earlier this month.

A New Chapter For 180 Life Sciences

ETHZilla, formerly 180 Life Sciences Corp., adopted its new brand and began trading under the ticker "ETHZ," according to a press release. The company said it would commit a "significant" part of its non-legacy operations to accumulate ETH for its balance sheet.

“Today, we are embracing our identity as ETHZilla and our commitment to developing a market-leading strategy that seeks to bring the value of Ethereum to investors in the public markets,” said McAndrew Rudisill, Executive Chairman of the company’s board.

The firm disclosed holdings of 94,675 ETH at an average acquisition price of $3,902.20, which is currently valued at roughly $406 million, becoming the fifth-largest corporate ETH holder, according to CoinGecko.

ETHZilla completed a $425 million private placement of common stock and pre-funded warrants and a $156.25 million convertible note offering, the proceeds of which will be used to buy more ETH. Billionaire venture capitalist Peter Thiel, through various Founders Fund entities, holds a 7.5% stake totaling 11.59 million shares in the firm.

The company said it is working to monetize its legacy biotech intellectual property assets.

See Also: Tom Lee’s $5 Billion Ethereum Bet Puts Bitcoin Maximalists On Notice

Price Action: At the time of writing, ETH was trading at $4,288.52, down 1.80% over the last 24 hours, according to data from Benzinga Pro.

ETHZilla shares slid 4.18% in after-hours trading after closing 5.26% higher at $7.41 during Monday’s regular trading session.

According to Benzinga’s Edge Stock Rankings, the stock has maintained its positive momentum over the short, medium and long term. Discover how this compares to Strategy Inc. (NASDAQ:MSTR), the largest cryptocurrency treasury company.

Photo Courtesy: Zakharchuk on Shutterstock.com

Read Next:

Eric Trump Says The Trumps Didn’t Have A ‘Choice’ But To Embrace Crypto After They Were Debanked

Recommended

Wall Street Says BUY GOLD, But... - Ad

Out of 23,281 Stocks... This Is the Only One - Ad

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

A Congresswoman violated the Stock Act with a disclosure showing hundreds of stock transaction made dating back to March 2024.

IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors of $2,000 August Payout Debunked — Plans Late Summer Rollout (UPDATED)

Millions of Americans may be eligible for a $1,390 stimulus check by the U.S. Department of the Treasury and the Internal Revenue Service, as part of a plan aiming to provide financial relief to low and middle-income households.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the September 1st funding window closes.

AT&T's $17 Million Data Breach Settlement Offers Payouts Up To $7,500, Here's How To Claim

AT&T customers, both present and past, stand to receive up to $7,500 as part of a proposed $177 million settlement. This settlement is in response to two significant data breaches that affected millions of AT&T customers.

Zelenskyy Heads To US For Talks With Trump, Leaders From UK, France, Germany And Italy To Join Him: Europeans Scared Of Oval Office Scene Repeat

European and NATO leaders join Zelenskyy in Washington to discuss Ukraine conflict with Trump, following his exclusion from Putin summit.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Judge Orders Ex-Kroger CEO To Disclose Why He Quit After 'Personal Conduct' Probe In '90s Pop Star Jewel's $7 Million Festival Lawsuit

A Hamilton County judge has ordered former Kroger Co. CEO Rodney McMullen to disclose reasons for his March resignation following a "personal conduct" investigation.

Stocks Slip, Bitcoin Plunges On Inflation Spike: What's Moving Markets Thursday?

Wall Street struggled to extend record highs on Thursday, as investors opted to lock in profits and adopt a more cautious stance after U.S. producer inflation posted its largest increase in three years.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after October 23rd, it may be too late.

The US plans to build a $750M fly factory in Texas to stop a flesh-eating cattle parasite

The U.S. plans to build a $750 million factory in southern Texas to breed billions of sterile flies, ramping up its efforts to keep flesh-eating maggots in Mexico from crossing the border and damaging the American cattle industry.

Peter Thiel-Backed Bullish Shoots Up 11% After-Hours Following Blockbuster IPO

Shares of cryptocurrency exchange Bullish soared over 11% in Wednesday's after-hours trading following the company's successful Wall Street debut.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

$420 Million Wiped Out In 20 Minutes — What The Inflation Shock Reveals About Bitcoin, Ethereum

A sharp upside surprise in U.S. producer price inflation triggered a $420 million wipeout in crypto markets on Wednesday, exposing lingering vulnerabilities in market leverage during macroeconomic data shocks.

An explosion at a plant owned by US Steel, an icon of American industry, has killed 2. What to know

An south of Pittsburgh killed two people and injured 10 others. The CEO has vowed to find out what caused Monday's blast while union officials say representatives will work to ensure a thorough investigation.

Elon's New Device Could Launch Biggest IPO of the Decade

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Palantir Turning LLMs Into Sharper Company Insights, Fueling ARK Invest's AI Edge, Says Brett Winton

Palantir Technologies Inc. reached new all-time highs this week as ARK Invest's Chief Futurist Brett Winton outlined how the company's platform transforms large language models into specialized business intelligence tools, positioning it as a critical infrastructure layer in the AI revolution.

Chamath Palihapitiya Rips 'Wrong' Generational Advice On College — Says Plumbers, Welders May Outlast Engineers In AI Era And Earn $400K Debt-Free

Chamath Palihapitiya says learning a trade can now pay off more than a college degree, especially without the burden of student debt.

Better Than Bitcoin? (Top Crypto for Less Than $1)

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Lockheed Martin Scores $14 Billion Canada Win As Military Snubs EU Jets Despite 45% Cost Surge: Report

Canadian defense officials strongly recommend sticking with Lockheed Martin Corp. F-35 fighter jets over European alternatives.

BioXcel Therapeutics (BTAI) Stock Is Extremely Volatile Today: What's Going On?

Shares of BioXcel Therapeutics are trading sharply lower Tuesday morning. The company announced its financial results for Q2.

How 433 Investors Unlocked 400X Return Potential

How 433 Investors Unlocked 400X Return Potential - Ad

VCs back startups for outsized gains. Regular investors wait. But rule changes fixed that. Take Revolut. In 2016, 433 people averaged a $2,370 stake. Today? It's worth $1M+, up 89,900%. No wonder 10K+ people and the VCs behind Uber and eBay took the chance on Pacaso's $1.3T market disruption.

DOE Unveils Fresh $1 Billion Funding To Boost US Critical Minerals

The DOE will provide nearly $1 billion in funding to strengthen domestic supply chains for critical minerals, following Trump's executive order.

Stock Market Today: S&P 500, Nasdaq Futures Tumble—Deere & Co., Dlocal, Applied Materials In Focus

U.S. stock futures were swinging on Thursday after Wednesday’s rally. Futures of major benchmark indices were mixed.

Wall Street Says BUY GOLD, But...

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Trump's Moves Push Intel To Strongest Week In 25 Years

Intel stock heads for its best week since January 2000 driven by vocal support from President Donald Trump.

What's Going On With Coherent Stock On Thursday?

Coherent shares are trading lower on Thursday after the company announced it will sell its aerospace and defense unit for $400 million.

Out of 23,281 Stocks... This Is the Only One

Out of 23,281 Stocks... This Is the Only One - Ad

Out of 23,281 stocks, one stands out - wildly profitable, deeply undervalued. It generates $1B+ more cash than AMD, yet trades 20x cheaper. Backed by Trump and partnered with a top AI firm, this could be the stock to own now.

Thieves grab $2 million in jewelry in Seattle heist that took less than 2 minutes

SEATTLE (AP) — Smash-and-grab thieves in Seattle made off with an estimated $2 million in diamonds, luxury watches, gold and other items in a daring midday jewelry store robbery that took just about 90 seconds, police said Friday.

Allianz Life Hack Reportedly Exposes 1.1 Million Customers As US Cyberattack Wave Escalates With Microsoft And UnitedHealth Breaches

Allianz Life's cyberattack exposing 1.1 million customers adds to a growing wave of U.S. data breaches that have also hit Microsoft and UnitedHealth.

Trump Exec Order to Help Restore Wealth for American Citizens?

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Costco Refuses To Stock Abortion Pill Mifepristone, Pointing To 'Low Demand' As Activist Groups Step Up Pressure On Retail Giants

Costco won't sell abortion pill mifepristone in U.S. stores due to low demand amid pressure from religious groups.

Ford to invest nearly $2 billion in Kentucky assembly plant to produce electric vehicles

LOUISVILLE, Ky. (AP) — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce that it says will be more affordable, more profitable to build, and will outcompete rival models.

What's inside Elon's building in Memphis will shock you

What's inside Elon's building in Memphis will shock you - Ad

Judge dismisses 2 counts against US Rep. Cuellar of Texas, moves bribery trial to next year

HOUSTON (AP) — A judge on Thursday granted a request by federal prosecutors to dismiss two of the 14 counts against U.S. Rep. of Texas and his wife, as part of a . The judge also ordered that their trial, which had been set for September, be rescheduled for next year.

Rocket Lab USA Q2 FY2025 Earnings Call Transcript

Rocket Lab USA's Q2 earnings call reported record revenue of $144.5 million, with impressive growth and gross margin expansion. Updates on launch and space programs are discussed.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

Sunrun (RUN) Stock Soars As Wells Fargo Nearly Doubles Price Target

Sunrun shares are surging Friday afternoon. Wells Fargo analyst Michael Blum reiterated an Overweight rating on Sunrun.

Takeaways from AP's investigation into online school for incarcerated teens

GAINESVILLE, Fla. (AP) — No matter the offense, states must educate students in . It’s a complicated challenge, no doubt — and success stories are scarce.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Google to pay $36M fine for anticompetitive deals with Australia's largest telcos

MELBOURNE, Austalia (AP) — has agreed to pay a 55 million Australian dollar ($36 million) fine for signing anticompetitive deals with Australia’s two largest telcos that banned the installation of competing search engines on some smartphones, the U.S. tech giant and Australia’s competition watchdog said.

Trending Now