Publicly Traded Firm BTCS to Raise $57.8M in Convertible Notes for Strategic ETH Purchases
2025-05-15
eth Purchases" decoding="async" loading="lazy" style="float:left; margin:0 15px 15px 0;" srcset="https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-300x169.png 300w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-1024x576.png 1024w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-768x432.png 768w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-190x107.png 190w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-380x214.png 380w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg-760x428.png 760w, https://static.news.bitcoin.com/wp-content/uploads/2025/05/etherggg.png 1280w" sizes="(max-width: 768px) 100vw, 768px" />BTCS Inc. has arranged a financing facility of up to $57.8 million to purchase ether as part of its blockchain infrastructure expansion strategy, the company announced Wednesday. BTCS Eyes Ether Accumulation The Maryland-based blockchain firm, BTCS Inc. (Nasdaq: BTCS), issued an initial $7.8 million in convertible notes through ATW Partners LLC, with potential additional tranches […]