lockchain firm BTCS Inc., listed on Nasdaq, just made a bold move: it bought 3 Pudgy Penguins NFTs for its corporate treasury! 🧊✨
Already holding $300M+ in ETH, BTCS is now expanding into top-tier NFTs. This marks a shift in strategy—diversifying its crypto holdings with blue-chip digital collectibles.
Why Pudgy Penguins? 🐧
They’re one of the OG NFT projects, launched in 2021 and still going strong. Their prices remain high, and they’ve built a solid reputation in the NFT space.
BTCS believes in holding established, high-profile NFTs on its balance sheet—showing confidence in the long-term value of digital art and collectibles.
This move could inspire other crypto-native companies to explore NFTs as part of their treasury strategy.