US-listed company BTCS announces plans to raise $100 million for strategic Ethereum acquisitions

On July 8, according to GlobeNewswire, BTCS Inc. (Nasdaq: BTCS), a company focused on blockchain technology, announced today its strategic plan to raise $100 million in 2025 to acquire Ethereum.

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