CoinRank

BTCS discloses that the companys ETH and cash market value reached US$242 million

2025-07-21 19:55:12 1 days ago CoinRank

CONTENT

CoinRank News: Blockchain technology company BTCS Inc. (NASDAQ: BTCS) announced that as of now, the total market value of its 55,788 Ethereum (ETH), cash and other liquid assets is approximately US$242 million (based on an ETH price of US$3,600). In addition, BTCS has agreed to issue approximately US$10 million in convertible notes at a price of US$13 per share, a 198% premium to the closing price on July 18. The company has raised a total of US$189 million through its DeFi/TradFi Accretion Flywheel strategy this year, and plans to continue to expand its ETH holdings and enhance shareholder value through decentralized and traditional financial instruments. (GlobeNewswire)

Original Article Link

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.

BTCS discloses that the companys ETH and cash market value reached US$242 million

OneFootball to Launch Token Sale on CoinList on July 24

Fogo launches high-performance Layer 1 SVM chain public beta network with a block time of 40 milliseconds

Deutsche Bank: The cost of tariffs is borne by Americans themselves, and the dollar faces downward pressure

Hong Kong-listed company Jingwei Tiandi announced its entry into the field of encrypted payments, and its share price rose by more than 18% on Tuesday

Consensys plans to lay off 49 employees, accounting for about 7% of the total number of employees