The company used proceeds from recent funding rounds to complete the acquisition at an average price of $2,441 per ETH.
As of May 16, 2025, BTCS holds roughly 12,500 ETH, up from 9,063 ETH at the end of Q1 2025. This marks a 38% increase in Ethereum holdings.
The surge in Ethereum assets pushed BTCS’s total cryptocurrency and cash value to approximately $38.42 million. That’s an 88% gain since the start of Q2 2025.
“Ethereum remains at the core of our blockchain infrastructure strategy,” said Charles Allen, CEO of BTCS. “Growing our ETH position helps scale validator operations, increase staking revenue, and deliver long-term value to shareholders.”
BTCS continues to focus on Ethereum as it builds out blockchain-based financial services and infrastructure.
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