The listed company BTCS announced an increase in its holdings by 14,240 ETH, bringing its total holdings to over 70,000
Jul 28, 2025 19:12:59
according to official sources, BTCS Inc. announced an increase in its holdings by 14,240 ETH, bringing its total holdings to 70,028 ETH. Based on the price of Ethereum at $3,850, the current market value of the holdings is approximately $270 million.
In addition, the official statement indicated that BTCS has successfully completed the issuance of $10 million in convertible bonds. The conversion price for this financing is set at $13 per share, representing a premium of 198% over BTCS's closing price on July 18, 2025.