CoinVoice has learned that BTCS, a company focused on blockchain technology (NASDAQ: BTCS), announced today that based on the price of Ethereum (ETH) at $3,600, its holdings of 55,788 ETH, cash, and other liquid assets have a total market value of approximately $242.2 million. The Ethereum holdings increased by 22,935 compared to the last announcement (32,853 ETH), bringing the total holdings to 55,788 ETH, which is an increase of 69.8%.

In addition, the company has agreed to issue $10 million in convertible bonds through a $56 million financing arrangement previously reached with ATW Partners LLC. [Original link]