Nasdaq-Listed BTCS Drops $8.4M on Ethereum—And People Thought They Were Crazy!

So, here’s the thing: BTCS, that Nasdaq-listed blockchain company we all pretend to understand, just dropped a casual $8.42 million on 3,450 ETH. Yep, you read that right. The average price they paid? $2,441 per ETH. Sounds like a bargain if you’re on another planet. 🚀

Now, they’re sitting on a cool 12,500 ETH, which is a 38% increase from Q1 2025. You know, just a casual jump in the millions. No big deal. 🙄

Oh, and just in case you were wondering if they were doing this on a whim—nope! Earlier, they secured a $57.8 million funding deal with ATW Partners. Yep, convertible notes, because why not make things even more complicated? It’s all part of their big crypto master plan to load up on Ethereum and pretend they’re not trying to take over the world one blockchain at a time. 🌍💸

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2025-05-21 13:23