BTCS announced that it has increased its holdings of 22,935 ETH and has raised an additional $10 million to continue increasing its holdings of ETH

Odaily News BTCS, a company focused on blockchain technology (NASDAQ: BTCS), announced today that based on the price of Ethereum (ETH) of $3,600, the total market value of its 55,788 ETH, cash and other liquid assets is approximately $242.2 million. The number of Ethereum held increased by 22,935 compared to the previous announcement (32,853), with a total holding of 55,788, an increase of 69.8%.
In addition, the company has agreed to issue $10 million in convertible notes through a previously entered into $56 million financing arrangement with ATW Partners LLC.