180 Life Sciences Skyrockets 54% In After-Hours Trading After Raising $156 Million To Buy Ethereum
Posted On August 12, 2025
Shares of 180 Life Sciences Corp. (NASDAQ:ATNF) soared 54% in Monday’s after-hours trading after the biotechnology company completed a $156 million private offering to boost its Ethereum (CRYPTO: ETH) reserves.
ATNF shares are exploding to the upside. See the live chart here.
Using Debt To Buy ETH
The firm issued $156 million in convertible notes due 2028 to an unknown institutional investor, according to a press release.
The proceeds will be used to buy more ETH, 180 Life Sciences said, expanding on its recently announced treasury strategy focused on the second-largest cryptocurrency.
The latest offering follows the company’s …
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