Recently, Pudgy Penguins official announced on Twitter that the publicly traded company BTCS Inc has purchased 3 Pudgy Penguins NFTs and incorporated them into the company's asset portfolio. As a Nasdaq-listed company, BTCS Inc's strength cannot be underestimated, currently holding over $300 million worth of ETH. Not long ago, BTCS also made a one-time purchase of 14,240 ETH, bringing its total ETH holdings to over 70,000, and this acquisition of Pudgy Penguins NFTs marks a new direction in the company's asset allocation strategy.

Since its launch in 2021, Pudgy Penguins NFTs have maintained a leading position in the NFT market due to strong price support and a loyal community. This acquisition by BTCS Inc has once again heightened market interest in NFTs. Following this news, the price of the token related to Pudgy Penguins, pengu, rose by 4.28%, reaching $0.03764.

This week, the floor price (the lowest price for NFTs) of the Pudgy Penguins NFT series also increased by 7%, and its market capitalization even surpassed that of Bored Ape Yacht Club. Recently, NFT market trading activity has been frequent, with a trading volume of $6.6 billion in July alone, a 94% increase compared to the previous month. Pudgy Penguins NFTs have gained significant attention through collectible trading in China and brand exposure in F1 racing (with over 85 million event viewers). $PENGU