- BTCS Inc. aims to raise $ 57.8 million for more ETH purchases and validation inspector operations.
- As of the end of 2024, the company has more than 9K ETH and has operated more than 500 effective tests.
Ether Lee’s (ETH) strategy momentum BTCS Inc., a blockchain -centered company, has joined the latest trend.
company presentation A capital increase of $ 578 million to develop ETH vision.
Betting like a strategy on ETH
The company’s capital increase will be made through the debt, which is similar to Michael Saylor’s strategy (formerly Microstrategy).
A nameBTCS CEO Charles Allen
“This capital injection can increase the ETH retention of what you think is an important inflection point in Ethereum’s growth trajectory.”
The company added that the company increased. ETH HOLDINGS allows you to deploy additional validated tester (node operators) on the Ethereum network and expand the staying compensation.
For reference, there are two major ways that the institution can get from ETH holdings. The first is to be through the stake (lock ETH) as mentioned by BTC.
Currently, this staker gains a yield of 3% -3.5% every year.
Source: Steaking Reward
This provides additional benefits, unlike maintaining ETH for a long time.
ETH -based trade hunting is another general strategy of the institution. Perhaps this is not enough to buy Spot ETH through SPOT ETF and to collect the price difference (standard) CME ETH Futures.
In the late 2024 rally, ETH’s annual standards increased 21%. For players with both strategies, this suggests 24%potential yields for ETH holdings.
Source: Bello
After the 5% decrease in the first quarter of 2025, ETH -based trade rebounded to 9% in 2Q. Combined with Staying Rewards, it means about 12%potential.
BTCS Inc. focuses on the first strategy. Company as of 2024 Maintained 9,060 ETH and 522 effective tests. Distributing more ETH for the operating validation tester can increase the steak compensation capacity.
In other words, BTC’s shareholders benefited from ETH’s large pumps in May. Altcoin has repaid more than 50% over the last two weeks, and BTCS shares have doubled from $ 1.8 to $ 3.1 (about 100% rally).
BTCS shares have returned some profits and have risen 40% per month, while ETH returns were 56%.
source: Google Finance