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BTCS announced an increase of 14,240 ETH, with total holdings exceeding 70,000.
On July 28, according to official news, BTCS Inc. announced the increase of its holdings by 14,240 ETH, bringing its total holdings to 70,028 ETH. Based on the price of Ethereum at $3,850, the current market capitalization of its holdings is approximately $270 million. In addition, the official stated that BTCS has successfully completed the issuance of $10 million Convertible Bond. The conversion price for this financing is $13 per share, which is a 198% premium over BTCS's closing price on July 18, 2025.