BTCS Expands Ethereum Holdings to 31,855 ETH with $8.23M Aave Loan
2025-07-15 11:46:21
Main Idea
BTCS, a publicly listed company, expanded its Ethereum holdings to 31,855 ETH by securing a $2.34 million USDT loan via Aave and purchasing an additional 2,731 ETH, bringing its total crypto portfolio valuation to approximately $100.6 million.
Key Points
1. BTCS secured a $2.34 million USDT loan through the decentralized finance platform Aave.
2. The company used the loan and existing liquidity to purchase an additional 2,731 ETH for $8.23 million.
3. BTCS's total Ethereum holdings now stand at 31,855 ETH.
4. The combined market valuation of BTCS's cryptocurrency portfolio and cash reserves is approximately $100.6 million.
5. This move highlights BTCS's strategy to expand its crypto asset base.
Description
On July 15, BTCS, a publicly listed entity, secured a loan of 2.34 million USDT via the decentralized finance platform Aave. Leveraging this capital alongside its existing liquidity, the firm
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