DeFi/TradFi flywheel

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BTCS Reaches $96.3 Million in Combined Crypto and Cash Market Value, Including 29,122 ETH Holdings
Globenewswire· 2025-07-14 10:30
Core Insights - BTCS Inc. has raised $62.4 million year-to-date in minimally dilutive capital while increasing its Ethereum holdings by 221% to 29,122 ETH [1][3] - The company aims to build a premier Ethereum-focused public company through its DeFi/TradFi flywheel strategy, which allows for low-cost capital access and leveraged exposure to Ethereum [2][4] - BTCS's capital structure includes a mix of equity, convertible debt, and DeFi-based borrowing, with a total debt of $22.9 million and a debt-to-assets ratio of 24% [6][10] Capital Raise and Strategy - The capital raised this year consists of $39.5 million from ATM sales (63%), $7.4 million from above-market convertible debt (12%), and $15.5 million from DeFi-based borrowing (25%) [3] - The DeFi/TradFi flywheel strategy is designed to optimize ETH exposure while managing dilution, enhancing shareholder value through scalable growth [4][5] Financial Overview - As of July 11, 2025, BTCS's total ETH holdings are valued at $87.3 million at a price of $3,000 per ETH, with 4,160 ETH staked via Rocket Pool Nodes and 6,300 ETH via Solo Nodes [5] - The company operates with a 40% Net Asset Value leverage cap to manage risk while aiming for growth [4] Company Background - BTCS is recognized as the world's oldest public blockchain company, focusing on Ethereum infrastructure for nearly five years [2] - The company operates a branded block-building operation, Builder+, and has developed ChainQ, an AI-powered blockchain data analytics platform [11]
BTCS Inc. Further Increases Target Funding to $225 Million for Strategic Ethereum Purchases Using DeFi/TradFi Flywheel
Globenewswire· 2025-07-09 11:00
Core Insights - BTCS Inc. has announced an increase in its funding target to $225 million to enhance its Ethereum accumulation strategy [1][3] - The company's operations include solo staking through validator nodes and block building, which generate recurring revenue and enhance long-term shareholder value [2][5] - CEO Charles Allen emphasized the importance of scaling ETH per share and the strategic timing for capital-efficient accumulation of Ethereum amidst a maturing regulatory environment [3] Company Overview - BTCS Inc. is a U.S.-based blockchain infrastructure technology company focused on scalable revenue growth through blockchain operations [5] - The company specializes in block building and validator node management, utilizing its branded operation Builder+ to optimize block construction and maximize gas fee revenues [5] - BTCS also operates validator nodes across multiple proof-of-stake networks and has developed ChainQ, an AI-powered blockchain data analytics platform to enhance user engagement [5]