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Ethereum Buying Spree: BTCS Acquires 1,000 ETH, Now Holds 13,500 Coins

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June 2, 2025
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Ethereum Buying Spree: BTCS Acquires 1,000 ETH, Now Holds 13,500 Coins
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BTCS Inc has increased its Ethereum (ETH) holdings to 13,500 coins. This follows the recent acquisition of 1,000 ETH for approximately $2.63 million. The purchase was made through the Crypto.com Exchange, using its institutional trading services. As of June 2, this move marks a nearly 50% rise in ETH holdings since the end of Q1 2025. The company is focusing on ETH as part of its broader blockchain infrastructure strategy. As a result, its acquisition supports both its treasury model and infrastructure operations. BTCS aims to build scalable blockchain systems and sees ETH as central to these efforts. BTCS Acquires 1,000 Ethereum, Total Hits 13,500 The firm BTCS continues to expand its blockchain operations and Ethereum reserves. With the addition of 1,000 ETH, the company now holds around 13,500 ETH. This increase reflects BTCS’s commitment to Ethereum-based technologies, including its NodeOps and Builder+ activities. Charles Allen, CEO of BTCS, stated,… Read More at Coingape.com

The post Ethereum Buying Spree: BTCS Acquires 1,000 ETH, Now Holds 13,500 Coins appeared first on CoinGape.

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