{"id":6997,"date":"2025-05-21T14:29:47","date_gmt":"2025-05-21T13:29:47","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=6997"},"modified":"2025-05-21T14:29:49","modified_gmt":"2025-05-21T13:29:49","slug":"us-company-buys-8-42m-ethereum-eth","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/us-company-buys-8-42m-ethereum-eth\/","title":{"rendered":"US Company Buys $8.42M in Ethereum : What This Means for ETH"},"content":{"rendered":"\n

BTCS Inc.’s Ethereum Accumulation Strategy on Nasdaq<\/h2>\n\n\n\n

BTCS Inc<\/strong>., a blockchain company listed on Nasdaq<\/strong>, has acquired 3,450 ETH<\/strong> for $8.42 million<\/strong>, at an average price of $2,441<\/strong> per Ethereum. This strategic move brings its total holdings to 12,500 ETH<\/strong>, representing a 38% increase<\/strong> since the end of the first quarter of 2025.<\/p>\n\n\n\n

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BTCS Inc. has arranged financing to buy up to $57.8M Ether ($ETH)

The company has entered into an agreement for the issuance of convertible notes led by ATW Partners LLC.\u00a0

This capital infusion enables us to expand our Ethereum validator node operations and increase ETH\u2026 pic.twitter.com\/WhxTHaEY2F<\/a><\/p>— BTCS Inc. (Nasdaq: BTCS) (@NasdaqBTCS) May 14, 2025<\/a><\/blockquote>