U.S. blockchain technology company BTCS Inc. recently expanded its Ethereum holdings through a transaction carried out on Crypto.com, acquiring an additional 1,000 Ether (ETH) tokens valued at approximately $2.63 million. With this latest cryptocurrency purchase, BTCS brings its overall Ethereum balance to a total of 13,500 ETH.
This year, BTCS, a company publicly traded on Nasdaq, has significantly boosted its Ethereum holdings. At the close of the first quarter, the company held 9,063 ETH. The recent acquisition represents a roughly 50% increase in its Ethereum inventory during the second quarter, according to a company announcement on June 2, 2025.
BTCS is pursuing a broader strategy that extends beyond simply accumulating digital assets. Under the leadership of its CEO, Charles Allen, the firm is combining a digital asset-focused treasury policy with a growth plan that emphasizes building revenue-generating blockchain infrastructure, notably through its NodeOps initiative.
Explaining this approach, Allen stated, “Our strategy not only captures value through asset appreciation but also incorporates revenue growth generated from blockchain infrastructure operations. This dual approach not only positions us to benefit from upward price movements but unlocks sustainable and long-term growth opportunities, significantly enhancing our shareholder value.”
The recent Ethereum acquisition by BTCS aligns with its earlier announcements regarding major growth initiatives. Previously, the company revealed plans to raise about $57.8 million specifically earmarked to significantly grow its Ethereum treasury holdings, a decision seemingly inspired by the strategies other prominent corporate investors have employed with Bitcoin (BTC).
Similar to BTCS’s Ethereum ambitions, institutional players are increasingly allocating substantial portions of their treasuries into various digital assets, including Solana (SOL) and XRP. For instance, Saudi-backed firm VivoPower recently announced intentions to invest $121 million into XRP as part of its treasury strategy. Another company, SharpLink Gaming, is moving forward with a similarly aggressive Ethereum-focused treasury campaign.
Meanwhile, the practice of keeping substantial amounts of cryptocurrency assets on corporate balance sheets continues beyond Ethereum. Strategy has recently added another 705 BTC, purchased for approximately $75.1 million. Following this latest purchase, Strategy’s cumulative Bitcoin holdings have reached a remarkable 580,955 BTC, acquired for around $40.68 billion in total expenditure.
