Blockchain technology firm BTCS plans to raise $100 million to increase its holdings of Ethereum.

Blockchain technology company BTCS (Nasdaq: BTCS ) has announced plans to raise $100 million in 2025 to purchase Ethereum and build a leading publicly traded company focused on Ethereum infrastructure. Subject to market conditions, the company plans to raise funds on a rolling basis to acquire Ethereum and is committed to maximizing capital efficiency. [Foresight News]