BTCS is leveraging Aave to maximize returns on its ETH holdings, having recently deposited 100 million USD in stETH while borrowing 30 million USDT. This strategy generates a net yield of 2.7 million USD per year, reflecting the company’s strong focus on innovative revenue generation.
With the recent purchases, BTCS has amassed almost 56,000 ETH, ranking as a top ten holder. The firm’s growth strategy includes integrating with DeFi protocols and selling equity, underlining its commitment to maximizing value in the Ethereum ecosystem.
Leave a Reply