U.S. publicly traded company BTCS has announced plans to raise $100 million for strategic acquisitions in the Ethereum space.

July 8th, according to GlobeNewswire, blockchain-focused company BTCS Inc. (Nasdaq code: BTCS) announced today its strategic plan to raise $100 million by 2025 for acquiring Ethereum.

This move is part of BTCS's long-term vision to build a leading Ethereum infrastructure public company while remaining one of the companies holding the most $ETH in the public market.