BTCS, Additional Purchase of 1,000 Ethereum

Source
Son Min

Summary

  • BTCS announced that it has made an additional purchase of 1,000 Ethereum.
  • BTCS’s Ethereum holdings now total 13,500 ETH, a 50% increase compared to the end of the first quarter this year.
  • The CEO mentioned that Ethereum is a core asset in the company’s infrastructure strategy and will contribute to the strengthening of long-term shareholder value.

BTCS, a blockchain company listed on Nasdaq, has reportedly made an additional purchase of 1,000 Ethereum (ETH).

On the 2nd (local time), BTCS announced on its official website that it had purchased an additional 1,000 ETH, worth $2.63 million. Currently, BTCS holds 13,500 ETH, which is a 50% increase compared to the end of the first quarter this year.

Charles Allen, CEO of BTCS, stated, “Ethereum is a core asset of our infrastructure strategy” and expressed confidence that it will enhance long-term shareholder value.

As of 9:52 PM, Ethereum is trading at $2,490 on the Binance USDT market, up 0.31% from 24 hours ago.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?