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Nasdaq-Listed BTCS Buys $8.4M in ETH

Elena R21 May 20251 min read

BTCS, a Nasdaq-listed blockchain firm, has bought 3,450 ETH for about $8.42 million, paying an average of $2,441 per ETH. This move increases its total Ethereum holdings to roughly 12,500 ETH, a 38% jump since the end of Q1 2025. Earlier, BTCS secured a $57.8 million funding deal with ATW Partners through convertible notes, aimed at supporting further ETH acquisitions. The company continues to double down on Ethereum as part of its long-term crypto strategy.

#Bitcoin

Elena R

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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