BTCS Announces Plans to Raise $100 Million for Strategic Ethereum Acquisition

On July 8th, Nasdaq-listed BTCS Inc. (NASDAQ: BTCS) announced today its plan to raise $100 million in 2025 for strategic acquisitions of Ethereum. The company aims to become the leading publicly traded company focused on Ethereum infrastructure, while maintaining its position as one of the largest $ETH holders among public companies.
BTCS CEO Charles Allen said, "We believe Ethereum has significant growth potential and is the core of the future digital financial infrastructure. Now that the price of Ethereum has returned to 2021 levels, it is the time to deepen our investment." [Deep Tide TechFlow]