Summary
- Nasdaq-listed blockchain company BTCS announced that it has purchased an additional 3,450 Ethereum for $8.42 million.
- BTCS emphasized that this Ethereum purchase plays an important role in enhancing long-term shareholder value.
- BTCS's current Ethereum holdings amount to 12,500 ETH, a 38% increase compared to the end of the first quarter.
Nasdaq-listed blockchain company BTCS (Nasdaq ticker: BTCS) has purchased an additional 3,450 Ethereum.
On the 21st (local time), BTCS announced via X (formerly Twitter) that it had purchased 3,450 ETH worth $8.42 million, with an average purchase price of $2,441 per unit, stating that "Ethereum will play an important role in enhancing long-term shareholder value."
Currently, BTCS holds approximately 12,500 ETH, which is a 38% increase compared to the end of the first quarter.
As of 5:17 PM, Ethereum is trading at $2,547 on the Binance USDT market, up 0.81% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
