BTCS Acquires $8.42 Million in Ethereum for Treasury Expansion

BTCS Inc., a Nasdaq-listed company, recently acquired 3,450 Ethereum worth $8.42 million for its treasury strategy, as reported on May 2025. This strategic investment reflects a growing preference for Ethereum among institutional investors and further bolsters its position as a trusted asset within public firm treasuries. The purchase brings BTCS’s ETH holdings to 12,500 ETH, aligning with their overall strategy of diversifying and strengthening their treasury reserves. This action follows their recent $57.8 million funding injection from ATW Partners, a further indication of the increasing investment in Ethereum by public entities. BTCS is not alone; other public companies are also bolstering their Ethereum holdings, mirroring historical trends with Bitcoin adoption. As more institutions invest in Ethereum, it could potentially spark wider institutional interest in DeFi protocols and ERC-20 assets. While no direct price shifts were observed, this investment signifies a growing level of confidence in ETH’s long-term potential.