Foresight News reported that the US stock Ethereum strategic reserve company BTCS Inc (BTCS) recently announced that its holdings of 55,788 ETH, cash, and other liquid assets have a total market value of approximately $242 million, based on an ETH price of $3600. Additionally, the company has agreed to issue $10 million in convertible bonds, with a conversion premium of 198%, through a $56 million financing arrangement with ATW Partners LLC. To date, BTCS has raised $189 million in funding through its signature DeFi/TradFi value-added strategy by 2025, which includes: $132 million raised from market sales (70%), $17 million in above-market convertible debt (9%), and $40 million in Aave-based stablecoin loans (21%). BTCS's ETH holdings have increased by 516% since the beginning of the year, with an average purchase cost of $2846.

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