U.S.-based blockchain agency BTCS Inc. has elevated its Ethereum holdings with the acquisition of 1,000 extra Ether tokens price $2.63 million by way of Crypto.com.
BTCS Inc., a Nasdaq-listed blockchain firm betting massive on Ethereum (ETH), added one other 1,000 ETH to its holdings by means of the cryptocurrency change Crypto.com. The acquisition brings the corporate’s complete ETH stability to 13,500.
Having held 9,063 ETH on the finish of the primary quarter, the acquisition means its progress in Q2 now stands at roughly 50%, BTCS Inc. stated in an announcement on June 2, 2025.
This enlargement goes past a easy wager on the highest altcoin by market cap—it displays BTCS Inc.’s long-term technique to ship shareholder worth by means of digital asset publicity and blockchain infrastructure growth.
Charles Allen, CEO of BTCS, famous that by specializing in revenue-generating infrastructure by way of NodeOps and elevated builder exercise, the corporate is deploying a growth-oriented mannequin.
“This complementary strategy not solely delivers the advantages of a digital asset treasury technique but additionally unlocks long-term progress potential that goes far past mere worth appreciation. We consider this dynamic mannequin is uniquely positioned to maximise shareholder worth over time,” Allen added.
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BTCS is doubling down on Ethereum with this buy, a number of weeks after asserting plans to lift to $57.8 million to purchase extra ETH. The plan, which seems to be to reflect Michael Saylor’s Bitcoin (BTC) technique, comes as many establishments undertake digital asset treasury methods, together with for property akin to Solana (SOL) and XRP (XRP).
Notably, Technique’s shopping for spree of BTC has continued with the newest acquisition of 705 bitcoins for about $75.1 million.
As introduced on June 2, 2025, this brings the corporate’s complete haul to 580,955 BTC, cumulatively scooped for about $40.68 billion.
Corporations akin to SOL Methods are intent on taking this strategy with Solana, whereas not too long ago, Saudi-backed agency VivoPower revealed plans to purchase $121 million of XRP. SharpLink Gaming is one other agency betting massive on Ethereum.
Learn extra: SharpLink Gaming goals to lift $1b from share sale to spice up Ethereum Treasury
