U.S. stock BTCS announced that it will increase its holdings of 22,935 ETH units and has raised an additional US$10 million to continue to increase its holdings of ETH units.
According to online reports, BTCS Corporation (NASDAQ: BTCS), which focuses on blockchain technology, today announced that based on the price of Ethereum (ETH) of US$3,600, the total market value of its 55,788 ETH, cash and other liquid assets is approximately US$242.2 million. Compared with the previous announcement (32,853), Ethereum's holdings increased by 22,935, with the total number of positions reaching 55,788, an increase of 69.8%. In addition, the company has agreed to issue US$10 million in convertible bonds through a US$56 million financing arrangement previously reached with ATW Partners LLC.
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