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The US-listed company BTCS announced plans to raise $100 million for a strategic acquisition of Ethereum.
According to BlockBeats news on July 8, GlobeNewswire reported that BTCS Inc. (NASDAQ: BTCS), a company focused on Blockchain technology, today announced its strategic plan to raise $100 million for the acquisition of Ethereum by 2025. This move is part of BTCS's long-term vision aimed at building a leading public company in Ethereum infrastructure while maintaining its position as one of the companies holding the most ETH in the public market.