Btcs inc. arranges financing to buy up to $57.8 million of ether ($eth) for continued strategy

First tranche of $7.8 million - ceo participates in funding silver spring, maryland--(newsfile corp. - may 14, 2025) - btcs inc. (nasdaq: btcs) ("btcs" or the "company"), a blockchain technology-focused company, today announced that it has entered into an agreement for the issuance of convertible notes (the “agreement”) through a facility of up to $57.8 million led by atw partners llc (“atw”). capital from the financing is exclusively earmarked for purchasing ethereum tokens (eth) as part of its digital asset and validator node operations strategy.
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