Nasdaq-listed blockchain company BTCS plans to raise $57.8 million to buy ETH

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According to Foresight News, citing The Block, Nasdaq-listed blockchain company BTCS has reached an agreement with ATW Partners to raise $57.8 million through convertible bonds for purchasing ETH. The first phase has issued $7.8 million in bonds, with the remaining $50 million to be further issued based on the agreement between the two parties.

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