BTCS Inc. has arranged a financing facility of up to $57.8 million to purchase ether as part of its blockchain infrastructure expansion strategy, the company announced Wednesday. BTCS Eyes Ether Accumulation The Maryland-based blockchain firm, BTCS Inc. (Nasdaq: BTCS), issued an initial $7.8 million in convertible notes through ATW Partners LLC, with potential additional tranches […]
Source: https://news.bitcoin.com/publicly-traded-firm-btcs-to-raise-57-8m-in-convertible-notes-for-strategic-eth-purchases/