BTCS, a company that quotes in Nasdaq, invested USD $ 55 million to add ETH to its reservations
The company BTCS Expand your reservations Ethereum more than USD $ 270 million and is positioned as a pioneer in the integration between DEFI and traditional markets.
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- BTCS bought 14,240 Eth, valued at USD $ 55 million.
- Issued convertible notes for USD $ 10 million with a 198% cousin
- Implements a hybrid operational model between DEFI and stock markets.
The technology company BTCS Inc., that quotes in Nasdaq Under the symbol BTCS, has intensified its commitment to Ethereum With the acquisition of 14,240 Eth After an investment of USD $ 55 million, which raises its total reservations to 70,028 units.
According to a report published by the company today, this purchase raises its treasury approximately $ 270 million, calculated with a price of Eth of USD $ 3,850 per unit.
The movement represents a significant expansion within its self -denominated strategy “Ethereum-Firs”which prioritizes the accumulation of Eth through operations integrated in the staking ecosystem, block construction and access to traditional capitals.
Aggressive financing with overvalued instruments
Together with the purchase of Eth, BTCS closed a convertible debt issuance for USD $ 10 million at a conversion price of USD $ 13 per sharewhich represents a 198% premium on its closing price of July 18.
In parallel, the company sold 271,580 shares common to USD $ 6.04 each through its program “At-The-Market” (ATM)raising a total of USD $ 1.64 million in a single transaction. With this operation, the amount of actions in circulation amounts to 47,852,778 units.
BTCS He assured that these funds will serve to support their expansion program both in accumulation of Ethereum As in operational infrastructure, reaffirming its commitment to a long -term oriented strategy.
A hybrid model: Defi/Trafi Accretion Flywheel
Unlike other crypto companies that simply buy Eth using private investments or stock market placements, BTCS It is applying a more complex approach. The model, which he calls “Defi/trafi accretion Flywheel”, Combine traditional financial mechanisms, such as converted shares and debt emissions, with decentralized instruments such as platform loans DEFI.
According to the company’s statements cited by Yahoo Finance, This integration allows them to obtain leverage exposure to Ethereum, while generating recurring income linked to network activity through their services Nodeops (Validate nodes) and Builder+ (Block construction).
So far this year, BTCS He claims to have collected USD $ 207 million through a mixture of sales of shares, overvalued debt emissions and loans Defi, A figure that consolidates its presence as one of the most aggressive actors in the institutional crypto sector.
Comparison with competitors and market reaction
The approach of BTCS notably contrasts with that of other companies such as Sharplink Gaming either Bitmine Immersion, that so far have exclusively used traditional mechanisms of the stock market to finance their purchases of Eth.
The hybrid model of BTCS, That combines decentralized tools with market capital leverage strategies, could represent a new trend in the crypto industry, especially among companies that seek to maximize returns without depending solely on traditional financing rounds.
After the news, the actions of BTCS They rose 6% during operations prior to the opening of the market, reflecting a positive reception by investors.
Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin
Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.
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