According to ChainCatcher and Bitcoin.com, Nasdaq-listed blockchain company BTCS (stock code: BTCS) announced raising $57.8 million through convertible notes to strategically increase Ethereum holdings. The initial $7.8 million bond has been subscribed by ATW Partners.
Company CEO Charles Allen personally invested $95,000, with his associated trust co-investing $200,000. The financing will be used to purchase Ethereum to expand validation nodes and staking business.




