Ethereum treasury firm BTCS significantly expanded its holdings, which now surpass $200 million. Ethereum (ETH) is slowly becoming a major crypto treasury asset. On Monday, July 21, BTCS, a publicly traded Ethereum treasury firm, announced a major expansion to its Ethereum holdings. Currently, the company holds 55,788 Ethereum, a 516% year-to-date increase. These holdings, combined with cash and other liquid assets, amount to $242.2 million. Additionally, the company agreed to issue $10 million in convertible notes. The funding will come from the previously arranged $56 million investment with the investment firm ATW Partners. This funding is modest compared to the…
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