BTCS Plans $100M Ethereum Acquisition Using Hybrid DeFi-TradFi Financing
BTCS Plans $100M Ethereum Acquisition Using Hybrid DeFi-TradFi Financing

BTCS Plans $100M Ethereum Acquisition Using Hybrid DeFi-TradFi Financing

News summary

BTCS Inc. has announced plans to raise $100 million in 2025 to acquire Ethereum, reinforcing its position as a leading publicly traded company focused on Ethereum infrastructure. The funding strategy will utilize a hybrid model combining decentralized finance (DeFi) and traditional finance (TradFi), including At-The-Market equity sales, convertible debt issuance, and on-chain borrowing via the Aave platform, aiming to minimize shareholder dilution and maintain a 40% net asset value leverage cap. CEO Charles Allen highlighted that with Ethereum prices returning to 2021 levels, the company sees significant growth potential and the timing as ideal to deepen exposure. BTCS currently holds approximately 14,600 ETH and plans to increase its holdings responsibly while driving revenue growth through staking and block building integrations. Market response to the announcement has been positive, with BTCS shares rising significantly and an analyst rating of 'buy' with a price target of $5, suggesting a bullish outlook. This strategic move aligns with BTCS's long-term vision to become a prominent player in the evolving digital financial ecosystem centered on Ethereum.

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