The American Blockchain Btcs Company, quoted at Nasdaq, watched Ethereum. For example, produced by Atw Partners Investment Society, it plans to invest nearly $ 58 million, around 51.7 million euros, in Ethereum. This shows that BTCS is fully attached to Ethereum and its underlying blockchain technology.
Cryptographic announcements agreements
The American Company BTC, based in Rockville, Maryland, gave great news on May 14, 2025. The company advertisement Who wants to invest $ 58 million in Ethereum.
With this movement, the company intends to extend its network of validated nodes, an important part of the Ethereum network. In addition, you can get a fixed income by starting to “hit” ETH or at an interest rate.
BTCS follows the example of the strategy
Charles Allen, CEO of BTCS, said that his decision is following the example of the strategy, which bets strongly for Bitcoin. Btcs deliberately chosen Ethereum Grow long term:
“We are implementing a disciplined strategy to increase our exhibition in Ethereum while we provide recurring income thanks to betting and the construction of new blocks in the blockchain.”
This is exactly the aspect of the operation
As part of the operation, BTCS first issued $ 7.8 million in convertible bonds. These are loans that can later become actions. BTCs can receive additional $ 50 million in additional funding, but ATW partners must also agree.
BTCS bonds can become shares of $ 5.85 each. This is a considerable amount, because the stock price is $ 2.10 when writing this report. Obligations have a maturity of two years and an annual interest rate of 6%. This gives BTCS two years to return the loan if it does not become actions.
Thus, investors expect the price of BTCS to increase. In return, the company will have access to capital to extend its Ethereum activity. In addition, investors can buy 1.9 million additional shares at $ 2.75 each, which is a price between the current price of action and the conversion value (amount if the bonus becomes).
Previously, BTCS announced that he had asked for money via the AAVE loan protocol to buy more ETH. The company has not revealed the amount purchased. But demonstrates that companies show interest in taking positions Ethereum.
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