{"id":5325,"date":"2025-07-21T16:18:00","date_gmt":"2025-07-21T16:18:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/publicly-traded-btcs-acquires-26666-in-eth-holds-242m-in-treasury\/"},"modified":"2025-07-21T16:18:05","modified_gmt":"2025-07-21T16:18:05","slug":"publicly-traded-btcs-acquires-26666-in-eth-holds-242m-in-treasury","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/publicly-traded-btcs-acquires-26666-in-eth-holds-242m-in-treasury\/","title":{"rendered":"Publicly traded BTCS acquires 26,666 in ETH, holds $242m in treasury"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum treasury firm BTCS significantly expanded its holdings, which now surpass $200 million. <\/p>\n<p>Ethereum (ETH) is slowly becoming a major crypto treasury asset. On Monday, July 21, BTCS, a publicly traded Ethereum treasury firm, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/btcs.com\/news-media\/eth-holdings-update-july-21-2025\/\" target=\"_blank\">announced<\/a> a major expansion to its Ethereum holdings. Currently, the company holds 55,788 Ethereum, a 516% year-to-date increase. These holdings, combined with cash and other liquid assets, amount to $242.2 million. <\/p>\n<p>Additionally, the company agreed to issue $10 million in convertible notes. The funding will come from the previously arranged $56 million investment with the investment firm ATW Partners. This funding is modest compared to the $189 million raised in one year, providing it with flexibility for future leverage.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe Company limited this financing to $10 million as part of its strategy to maintain financial flexibility for opportunistic future leverage while maintaining its loan-to-value ratio below 40%. This approach aligns with BTCS\u2019s commitment to maximizing ETH exposure and minimizing shareholder dilution,\u201d BTCS press release stated. <\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>BTCS acquired its Ethereum holdings at an average price of $2,846. Much of these purchases happened since July 14. At the time, the company <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/07\/14\/3114599\/0\/en\/BTCS-Reaches-96-3-Million-in-Combined-Crypto-and-Cash-Market-Value-Including-29-122-ETH-Holdings.html\" target=\"_blank\">disclosed<\/a> holding 29,122 ETH, which combined with its cash holdings accounted for $96.3 million. <\/p>\n<p>This means that the company bought approximately 26,666 ETH in one week, significantly expanding its treasury. The firm did not disclose when and how these purchases happened exactly. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">BTCS leverages both tradFi and DeFi to acquire ETH<\/h2>\n<p>BTCS emphasized that it leveraged both traditional finance (tradFi) and decentralized finance (DeFi) to raise its capital. The firm uses a mix of equity sales, convertible debt, and DeFi-based borrowing. What is more, the company also runs Ethereum node operators, earning yield for its holdings.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe believe that BTCS is the most financially and operationally leveraged Ethereum play in public markets today,\u201d said Charles Allen, CEO of BTCS. \u201cOur vertically integrated block-building and node operations are generating record revenue, and when combined with solid execution of our hallmark DeFi\/TradFi Accretion Flywheel, BTCS offers investors scalable, high-growth exposure to Ethereum.\u201d<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum treasury firm BTCS significantly expanded its holdings, which now surpass $200 million. Ethereum (ETH) is slowly becoming a major crypto treasury asset. On Monday, July 21, BTCS, a publicly&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=5325"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5325\/revisions"}],"predecessor-version":[{"id":5326,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5325\/revisions\/5326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4555"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}