Blockchain technology company BTCS Inc. acquired an additional 1,000 ethereum ( ETH) for approximately $2.63 million, expanding its holdings significantly.
Publicly-Traded Firm BTCS Increases Ethereum Position to 13,500 ETH
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BTCS Expands Ethereum Holdings to 13,500 ETH With New Purchase
The purchase, announced Monday, was executed primarily using the Crypto.com Exchange, the platform’s institutional-grade service. According to the announcement shared with Bitcoin.com News, the ether acquisition increases BTCS’s total ethereum holdings to approximately 13,500 ETH.
This represents a substantial increase from the 9,063 ETH the company held at the end of the first quarter of 2025, marking a growth of roughly 50% in its ETH position within the quarter. BTCS trades on the Nasdaq under the symbol BTCS. The company’s stock is down 1.67% today.
Chief Executive Officer Charles Allen stated the move aligns with the company’s blockchain infrastructure strategy. He emphasized that expanding the ETH position stems directly from BTCS’s Nodeops and Builder+ operational activities, aiming to build scalable, revenue-generating infrastructure beyond simple treasury holdings.
Allen further explained the choice of platform, saying utilizing Crypto.com Exchange allowed BTCS to tap into deep liquidity and specialized execution capabilities. This approach aimed to minimize slippage and optimize capital efficiency for the acquisition, reinforcing the company’s focus on shareholder value.
Crypto.com President and COO Eric Anziani expressed pride in partnering with BTCS on its cryptocurrency acquisition strategy through its institutional exchange platform, launched in the U.S. in 2024. The Crypto.com Exchange offers spot, margin, derivatives, and over-the-counter (OTC) trading.
