The company with a crypto reserve purchased 3 #NFT from the Pudgy Penguins collection as an investment

The American blockchain company BTCS, whose shares are traded on #NASDAQ , announced the inclusion of three NFTs from the Pudgy Penguins collection in its corporate reserve. Each of the tokens cost an average of 16 ETH.

#BTCS is one of the first cryptocurrency companies in the USA, founded in 2013 under the name Bitcoin Shop Inc. At different times, it engaged in trading, mining, and later focused on Ethereum infrastructure and development. In 2025, it announced the creation of a crypto reserve.

The Ethereum reserve of BTCS already amounts to 70 028 $ETH (over $300 million). At the end of July, the company purchased an additional 14 240 ETH (approximately $55 million at the time). It is increasing its holdings of 'ether' including through income from staking and validator operations.

For purchases, the company attracts funds from various sources, including through loans. In July, BTCS issued convertible bonds worth $10 million with a conversion price nearly three times higher than the market price. Since the beginning of the year, BTCS has raised about $207 million through the issuance of securities, debt instruments, and loans in DeFi protocols.