Ethereum Treasury Strategy: BTCS Seeks $2 Billion Raise For Crypto Accumulation
In a recent S-3 registration statement filed with the US Securities and Exchange Commission (SEC), BTCS Inc., an Ethereum-focused blockchain firm, has unveiled ambitious plans to raise up to $2 billion through share sales. The funds will be utilized for cryptocurrency accumulation and strategic growth initiatives.
The proposed offering would involve selling common shares across multiple offerings, subject to a total cap of $2 billion. This massive capital increase aims to support the company’s digital assets portfolio expansion and operational growth endeavors.
Significant Accumulation Efforts
As part of its Ethereum treasury strategy, BTCS has been steadily increasing its ETH reserves throughout 2025. Notably, this includes a recent purchase of 14,522 ETH, bringing its total holdings to an impressive 70,028 ETH – valued at approximately $275 million. The firm now ranks fifth among publicly-traded companies with the largest ETH treasuries.
In contrast, other notable players like BitMine Immersion Technologies currently hold a staggering 566,776 ETH on their balance sheet.
Source: bitcoinist.com