Blockchain technology unanimous solution (BTCs)A nasdac-list firm with an atherium (Eth) Treasury strategy, increased by more than 100% on Tuesday $ 100 million funding plan To get more ETH for your balance sheet.
The company aims to tap on traditional and decentralized financial (Defee) Capital market to increase capital. It plans to use an existing, $ 250 million
Offer to sell equity, a convertible loan system with ATW partners and borrowing stabelines on DEFI Borrowing Protocol {{Aave}},
“We believe that atherium has significant growth ability and is central for future digital financial infrastructure,” CEO Charles Alan said in a statement. “Our approach to capital formation has been – and continues – designed to align with our commitment to weakening, maximizing flexibility and financial management for the safety of our shareholders.”
Public firms with Crypto Treasury Strategies are all angry at Wall Street, after the playbook of Michael Sirer’s strategy, the biggest corporate bitcoin
Holder in the world. The trend has expanded with firms like Etharium as well as sharplink gaming (SBET)Bitmine immersion (BMNR)And bit digital (BTBT) Announcing plans to receive and conduct ETH as Treasury Asset and also participate in network operating verifications.
BTCS was a pioneer of this trend, before others jumped on Bandwagan: it has been working as a blockchain company since 2014 and starts focusing on Etreum in 2021, buying ETH and operating verifications. The firm organized 14,600 ETHs by June, priced at $ 38 million at current prices.
Read more: Tom Lee’s bitmine increases by 3,000% since Ath Treasury Strategy, but sharplink -dip warrant caution
