📈 BTCS, a Nasdaq company, will issue debt of USD 50 million to buy ETH as a store of value and to expand its staking operation.
🔐 It already has over 9,000 ETH in reserve and bets on Ethereum as a platform and store of value. Its CEO even participated in the financing with personal funds.
⚠️ But ETH is not BTC: its issuance is flexible and its governance is centralized.