Blockchain technology BTCS plans to raise $100 million and increase holdings in Ethereum

Foresight News reported that blockchain technology BTCS (NASDAQ stock code: BTCS) announced plans to raise $100 million in 2025 to purchase Ethereum and build a leading publicly traded company focused on Ethereum infrastructure. Based on market conditions, the company plans to raise funds on a rolling basis to acquire Ethereum and is committed to maximizing capital efficiency.