BTCS Inc., a Nasdaq-listed blockchain company, has purchased an additional 3,450 Ethereum (ETH) tokens for approximately $8.42 million, at an average price of $2,441 per ETH. This acquisition increases BTCS’s total Ethereum holdings to around 12,500 ETH, marking a 38% increase since the end of the first quarter of 2025. The company also raised $57.8 million through convertible notes, which it plans to use for further Ethereum purchases.
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Source: https://thedefiant.io/news/blockchains/nasdaq-listed-btcs-buys-3450-eth-2441-boosts-holdings-to-12500-eth-raises-57-8m-b555ea96