<ul><li>BTCS secures $57.8 million to strengthen its Ethereum holdings and operations, with an initial $7.8 million investment from CEO Charles Allen.</li><li>The financing includes convertible notes with a 2-year maturity expiring on May 13, 2027, with terms like a 5% original issue discount, a 6% annual interest rate, and a conversion price of $5.85 per share.</li><li>BTCS plans to use the funds to enhance its Ethereum validator node operations, accumulate more ETH reserves, and position itself for scalable infrastructure within the Ethereum ecosystem.</li><li>This move reflects BTCS's strategic shift towards Ethereum, leveraging its growing role in DeFi and smart contract applications, as Ethereum continues to gain prominence in the cryptocurrency market.</li></ul>

Nasdaq-Listed BTCS Secures $57.8M to Boost Ethereum Holdings

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