In a wave of strategic cryptocurrency acquisitions, BTCS, a Nasdaq-listed blockchain infrastructure company, expands its Ethereum portfolio instead of its namesake cryptocurrency, Bitcoin (BTC). With the latest purchase of 3450 ETH, valued at approximately 8.42 million dollars, the platform currently holds around 12,500 tokens (31.8 million dollars), compared to the 9063 ETH it had at the end of the first quarter of 2025.
It is noteworthy that BTCS considers Ethereum a fundamental asset for the company's operations, as well as for its growth. According to the CEO, Charles Allen, the strategic incorporation of more than 8 million dollars in ETH into the company's treasury aims to strengthen validation operations, increase staking revenue, and drive long-term value for shareholders.