US listed company BTCS spent approximately $8.42 million to buy 3450 ETH, increasing its total ETH holdings to approximately 12500

According to BlockBeats, on May 21st, US listed company BTCS bought 3450 ETH for approximately $8.42 million at an average purchase price of $2441, increasing its total Ethereum holdings to approximately 12500 ETH, a 38% increase from the end of the first quarter of 2025. This strategic expansion has driven the fair market value of the company's encrypted assets and cash to approximately $38.42 million, an increase of 88% since the beginning of the second quarter of 2025.