This strategic acquisition strengthens the company’s standing as one of the few publicly traded blockchain infrastructure companies, focusing on an ETH treasury reserve. Furthermore, the company’s latest acquisition indicates a growing institutional belief in the future of the altcoin.
According to the report from the expert, BTCS Inc. bought over 14,240 ETH, significantly expanding its crypto holdings. With the latest purchase, BTCS Inc.’s total reserve currently boasts 70,028 ETH, valued at around $275 million.
