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Nasdaq-Listed BTCS Buys $8.4M in ETH

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By on May 21, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Nasdaq-Listed BTCS Buys $8.4M in ETH appeared first on Coinpedia Fintech News

BTCS, a Nasdaq-listed blockchain firm, has bought 3,450 ETH for about $8.42 million, paying an average of $2,441 per ETH. This move increases its total Ethereum holdings to roughly 12,500 ETH, a 38% jump since the end of Q1 2025. Earlier, BTCS secured a $57.8 million funding deal with ATW Partners through convertible notes, aimed at supporting further ETH acquisitions. The company continues to double down on Ethereum as part of its long-term crypto strategy.

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