Summary
- BTCS announced that it had acquired an additional 2,731 Ethereum (ETH).
- The total purchase amount was $8.24 million, and part of the funds was raised by borrowing $2.36 million worth of Tether (USDT) from the lending protocol Aave (AAVE).
- As a result, BTCS's Ethereum holdings are now close to 31,855.
Blockchain company BTCS, listed on Nasdaq, has reportedly purchased an additional 2,731 Ethereum (ETH).
On the 15th (local time), BTCS announced on X (formerly Twitter), "We bought an additional 2,731 ETH yesterday. The total purchase amount is $8.24 million." It is known that, to finance this, they borrowed $2.36 million worth of Tether (USDT) from the lending protocol Aave (AAVE).
BTCS's current Ethereum holdings are close to 31,855.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
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