BTCS Dives Headfirst into Ethereum, Now Holding 13,500 ETH Like It’s No Big Deal

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In a move that has surely made blockchain enthusiasts weak in the knees, BTCS Inc. has decided to splash out on an additional 1,000 Ethereum (ETH) for a cool $2.63 million. Because, why not? It’s not like they had anything else to spend it on, right?

BTCS Super-Sizes Ethereum Stash to 13,500 ETH, Because Who Doesn’t Love a Good Investment?

The thrilling announcement dropped on Monday, confirming that the company used the Crypto.com Exchange to make the transaction—because, of course, why wouldn’t they? The purchase catapults BTCS’s total Ethereum holdings to a massive 13,500 ETH. Talk about a flex, right?

In case you were wondering just how impressive that is, it’s a significant jump from the 9,063 ETH they held at the end of Q1 2025. That’s a mind-blowing 50% increase in just one quarter. Clearly, they’ve cracked the crypto code, and maybe you should start taking notes. Also, the stock is down 1.67% today. Oh well, nobody’s perfect.

CEO Charles Allen (aka the person who definitely knows what he’s doing) said that this expansion is part of the company’s blockchain infrastructure strategy. He elaborated that the purchase isn’t just about stacking ETH for the sake of it, but about building scalable, revenue-generating infrastructure. A little bit of ambition never hurt anyone, right?

But wait, there’s more! Allen also explained why they chose Crypto.com for the job. It turns out, using Crypto.com’s institutional-grade platform allowed them to tap into “deep liquidity” and “specialized execution capabilities” to avoid “slippage.” Sounds fancy, doesn’t it? In layman’s terms, they did everything in their power to make sure they didn’t mess it up. Nice!

Meanwhile, Crypto.com President and COO Eric Anziani is apparently quite proud of his company’s role in BTCS’s grand Ethereum acquisition. After all, their exchange launched in the U.S. in 2024, offering a range of services that go beyond just buying and selling crypto—spot trading, margin, derivatives, and OTC trading. You know, the usual.

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2025-06-02 22:59