Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Coinpaprika 2025-07-30 10:49:27

BTCS Eyes $2B Raise to Boost Ethereum Holdings

BTCS Inc., a blockchain company centered around Ethereum, has filed to sell up to $2 billion in shares to fund digital asset purchases and general business needs. The move was disclosed in a fresh S-3 filing with the U.S. Securities and Exchange Commission. The company also submitted a separate filing allowing for the resale of over 5 million shares tied to earlier convertible notes and warrants. BTCS expects to net around $12 million from the exercise of those warrants. As part of its strategy, BTCS blends traditional finance tools with decentralized finance, focusing on staking and ETH accumulation . Its most recent acquisition of 14,240 ETH brings its total to over 70,000 ETH—worth roughly $265 million. Despite the ambitious fundraising plan, BTCS shares dipped slightly, closing at $5.05 on Tuesday. Now joining a wave of firms stockpiling Ethereum, BTCS aligns with views that ETH treasuries can outperform Bitcoin-based ones, thanks to staking yields and DeFi opportunities.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.