US stock BTCS announces increased holdings of 22,935 ETH, having additionally raised $10.00M to continue increasing ETH holdings.

$BTCS Inc. (Nasdaq: $BTCS), a company focused on blockchain technologies, today announced that its holdings of 55,788 $ETH, cash and other liquid assets have a total market value of approximately $242.2 million, based on an Ethereum ($ETH) price of $3,600. The Ethereum holdings increased by 22,935 $ETH from the previous announcement (32,853 $ETH), with a total holding of 55,788 $ETH, an increase of 69.8%. In addition, the company has agreed to issue $10.00 million in convertible notes through a previously announced $56.00 million financing arrangement with ATW Partners LLC. [Odaily]