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US Stock BTCS Announces Acquisition of 22,935 ETH, Raises Additional $10 Million to Further Increase ETH Holdings

By: theblockbeats.news|2025/07/21 14:02:22

BlockBeats News, July 21st, BTCS, a company focusing on blockchain technology (NASDAQ: BTCS), announced today that, based on an Ethereum (ETH) price of $3,600, the total value of its holdings of 55,788 ETH, cash, and other liquid assets is approximately $242.2 million. The amount of Ethereum held has increased by 22,935 ETH compared to the last announcement (32,853 ETH), with a total holding of 55,788 ETH, representing a 69.8% increase.

Furthermore, the company has agreed to issue $10 million in convertible notes as part of a $56 million financing arrangement previously reached with ATW Partners LLC.

StablecoinX to Invest $260 Million to Launch ENA Treasury Strategy, Plans to List on Nasdaq with the ticker symbol "USDE"

Giants Protocol receives strategic investment from Plug and Play and other institutions to fully accelerate the DeFAI ecosystem layout