Listed U.S. company BTCS spent approximately $8.42 million to acquire 3,450 ETH, increasing its total ETH holdings to around 12,500 coins

BlockBeats News, May 21st, publicly traded company BTCS bought approximately $8.42 million worth of ETH, acquiring 3,450 ETH at an average price of $2,441 per ETH. This purchase increased their total Ethereum holdings to around 12,500 ETH, a 38% growth from the end of Q1 2025.

This strategic expansion has raised the company's fair market value of cryptocurrency and cash to approximately $38.42 million, an 88% increase since the beginning of Q2 2025.