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by: xpoolPosted on: May 15, 2025

BTCS Acquires Ethereum via Convertible Bonds

U.S.-based blockchain technology company BTCS has taken a significant step in its growth strategy, acquiring Ethereum (ETH) using convertible bonds worth up to $57.8 million. In partnership with ATW Partners, the company issued initial bonds of $7.8 million and plans further issuance based on mutual agreement. These funds will exclusively be used for purchasing ETH.

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