Major Ethereum Buy: BTCS Loads Up $8.42M Worth of ETH as Crypto Holdings Surge 88%
May 20, 2025
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BTCS Inc. (NASDAQ: BTCS) has announced a significant expansion of its Ethereum holdings, acquiring 3,450 ETH for $8.42 million at an average price of $2,441 per ETH. The company’s total Ethereum position now stands at 12,500 ETH, marking a 38% increase from the 9,063 ETH held at the end of Q1 2025. This strategic acquisition has contributed to BTCS’s total cryptocurrency holdings and cash reaching $38.42 million, representing an 88% increase since the beginning of Q2 2025. The company plans to leverage these increased holdings to scale validator operations and enhance staking revenue.
BTCS Inc. (NASDAQ: BTCS) ha annunciato una significativa espansione delle sue partecipazioni in Ethereum, acquisendo 3.450 ETH per 8,42 milioni di dollari a un prezzo medio di 2.441 dollari per ETH. La posizione totale in Ethereum della società ora ammonta a 12.500 ETH, segnando un aumento del 38% rispetto ai 9.063 ETH detenuti alla fine del primo trimestre del 2025. Questa acquisizione strategica ha contribuito a portare il totale delle partecipazioni in criptovalute e liquidità di BTCS a 38,42 milioni di dollari, rappresentando un incremento dell’88% dall’inizio del secondo trimestre del 2025. L’azienda prevede di sfruttare queste partecipazioni aumentate per espandere le operazioni di validazione e incrementare i ricavi da staking.
BTCS Inc. (NASDAQ: BTCS) ha anunciado una expansión significativa de sus tenencias en Ethereum, adquiriendo 3,450 ETH por 8,42 millones de dólares a un precio promedio de 2,441 dólares por ETH. La posición total de Ethereum de la compañía ahora asciende a 12,500 ETH, lo que representa un aumento del 38% respecto a los 9,063 ETH que tenía al final del primer trimestre de 2025. Esta adquisición estratégica ha contribuido a que las tenencias totales de criptomonedas y efectivo de BTCS alcancen 38,42 millones de dólares, un incremento del 88% desde el comienzo del segundo trimestre de 2025. La empresa planea aprovechar estas tenencias ampliadas para escalar las operaciones de validación y aumentar los ingresos por staking.
BTCS Inc. (NASDAQ: BTCS)는 이더리움 보유량을 크게 확장하여 3,450 ETH를 842만 달러에 평균 가격 ETH당 2,441달러에 인수했다고 발표했습니다. 회사의 총 이더리움 보유량은 현재 12,500 ETH로, 2025년 1분기 말의 9,063 ETH에서 38% 증가한 수치입니다. 이 전략적 인수는 BTCS의 총 암호화폐 보유액과 현금을 3,842만 달러로 끌어올렸으며, 이는 2025년 2분기 초 이후 88% 증가한 수치입니다. 회사는 이 증가된 보유량을 활용해 검증자 운영을 확대하고 스테이킹 수익을 증대할 계획입니다.
BTCS Inc. (NASDAQ : BTCS) a annoncé une expansion significative de ses avoirs en Ethereum, acquérant 3 450 ETH pour 8,42 millions de dollars à un prix moyen de 2 441 dollars par ETH. La position totale en Ethereum de la société s’élève désormais à 12 500 ETH, soit une augmentation de 38 % par rapport aux 9 063 ETH détenus à la fin du premier trimestre 2025. Cette acquisition stratégique a contribué à porter les avoirs totaux en cryptomonnaies et liquidités de BTCS à 38,42 millions de dollars, soit une hausse de 88 % depuis le début du deuxième trimestre 2025. La société prévoit de tirer parti de ces avoirs accrus pour développer ses opérations de validation et augmenter ses revenus de staking.
BTCS Inc. (NASDAQ: BTCS) hat eine bedeutende Erweiterung seiner Ethereum-Bestände bekannt gegeben und 3.450 ETH für 8,42 Millionen US-Dollar zu einem Durchschnittspreis von 2.441 US-Dollar pro ETH erworben. Die Gesamtposition des Unternehmens in Ethereum beträgt nun 12.500 ETH, was eine Steigerung von 38 % gegenüber den 9.063 ETH zum Ende des ersten Quartals 2025 darstellt. Diese strategische Akquisition hat dazu beigetragen, dass BTCS’ Gesamtbestand an Kryptowährungen und Bargeld auf 38,42 Millionen US-Dollar angewachsen ist, was einer Steigerung von 88 % seit Beginn des zweiten Quartals 2025 entspricht. Das Unternehmen plant, diese erhöhten Bestände zu nutzen, um Validator-Operationen auszubauen und die Staking-Einnahmen zu steigern.
Positive
- Significant ETH position increase of 38% to 12,500 ETH
- Total crypto holdings and cash value up 88% to $38.42 million
- Strategic investment to grow staking revenue and validator operations
Negative
- Large capital expenditure of $8.42 million in a volatile crypto asset
- High concentration risk in a single cryptocurrency (Ethereum)
05/20/2025 – 08:30 AM
Silver Spring, Maryland–(Newsfile Corp. – May 20, 2025) – BTCS Inc. (NASDAQ: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, today announced the acquisition of 3,450 Ether (ETH) for approximately $8.42 million, using proceeds from recent financings. The purchases were made at an average price of $2,441 per ETH.
As of May 16, 2025, BTCS holds approximately 12,500 ETH, up from 9,063 ETH at the end of Q1 2025-an increase of approximately 38%. This growth contributed to the fair market value of the Company’s total cryptocurrency holdings and cash reaching approximately $38.42 million, representing an 88%increase since the start Q2 2025.
“Ethereum remains at the core of our blockchain infrastructure strategy,” said Charles Allen, Chief Executive Officer of BTCS. “By expanding our ETH position, we are strengthening the foundation that allows us to scale validator operations, grow staking revenue, and drive long-term value for shareholders.”
About BTCS:
BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.
Forward-Looking Statements:
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws, including statements regarding investment opportunities from Ethereum, growing staking revenue, and driving long-term value for shareholders. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues (including, but not limited to, potential SEC enforcement actions, regulatory changes affecting DeFi protocols, and state regulatory requirements), cybersecurity risks, technological challenges, market adoption risks, changes in blockchain protocols, continued volatility in the cryptocurrency markets, smart contract risks, liquidation risks associated with DeFi borrowing, and other risks inherent to blockchain technology and cryptocurrency operations, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252578
How many Ethereum (ETH) did BTCS purchase in May 2025?
BTCS purchased 3,450 Ethereum (ETH) at an average price of $2,441 per ETH, for a total investment of approximately $8.42 million.
What is BTCS’s total Ethereum holdings after the May 2025 purchase?
After the purchase, BTCS holds approximately 12,500 ETH, up from 9,063 ETH at the end of Q1 2025, representing a 38% increase.
What is the total value of BTCS’s cryptocurrency holdings and cash as of May 2025?
The fair market value of BTCS’s total cryptocurrency holdings and cash reached approximately $38.42 million, an 88% increase since the start of Q2 2025.
Why did BTCS increase its Ethereum holdings in 2025?
BTCS increased its Ethereum holdings to strengthen its blockchain infrastructure strategy, scale validator operations, grow staking revenue, and drive long-term shareholder value.
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