BTCS successfully closed a 10 million USD financing with a conversion price of 13 USD per share, reflecting a 198% premium to its recent closing price. The funds will support BTCS’s strategy in optimizing ETH exposure.
With an increase of 14,240 ETH, BTCS now holds a total of 70,028 ETH, equivalent to about 270 million USD based on the current price of ETH. Year-to-date, BTCS has raised approximately 207 million USD through various financial methods.
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