BTCS Raises $62.4 Million in Minimally Dilutive Capital, Expands ETH Holdings to 29,122

BTCS Inc. has raised $62.4 million in capital year-to-date, expanding its Ethereum holdings to 29,122, a 221% increase from year-end 2024. The company's unique DeFi/TradFi flywheel strategy enables access to low-cost capital and leveraged exposure to Ethereum. BTCS's total crypto and cash market value is $96.3 million, with a current debt-to-assets ratio of 24%.

BTCS Inc. (Nasdaq: BTCS), a blockchain technology-focused company, has raised $62.4 million in capital year-to-date, significantly expanding its Ethereum (ETH) holdings. This capital raise is part of the company's strategic DeFi/TradFi flywheel strategy, which aims to provide low-cost capital and leveraged exposure to Ethereum [1].

As of July 11, 2025, BTCS's total ETH holdings stand at 29,122, representing a 221% increase from year-end 2024. This growth is driven by the company's innovative financing model, which combines traditional finance (TradFi) and decentralized finance (DeFi) mechanisms [1]. The DeFi/TradFi flywheel strategy allows BTCS to access capital efficiently while minimizing dilution and maximizing ETH holdings.

The company's total crypto and cash market value is now $96.3 million, with a debt-to-assets ratio of 24%. This capital raise demonstrates BTCS's ability to execute its strategic vision, positioning itself as a leading publicly traded entity focused on Ethereum infrastructure [1].

Charles Allen, CEO of BTCS, commented on the capital raise, stating, "By increasing our ETH per share while simultaneously driving meaningful revenue growth, we are building the premier Ethereum-focused public company. BTCS stands apart in two key ways: our hallmark DeFi/TradFi flywheel, which enables us to access capital at a low cost and deliver leveraged exposure to Ethereum, and our established track record, making us the world's oldest public blockchain company and laser-focused on Ethereum infrastructure for nearly five years" [2].

BTCS's strategic move to expand its Ethereum holdings comes at a time when Ethereum is at 2021 price levels, suggesting favorable market conditions for accumulation. The company's commitment to a conservative 40% net asset value (NAV) leverage cap across its convertible debt and DeFi borrowings indicates a disciplined risk management framework [1].

References:
[1] https://www.stocktitan.net/news/BTCS/btcs-inc-announces-intent-to-raise-100-million-for-strategic-fpavqdepggs4.html
[2] https://ir.btcs.com/news-media/crypto-holdings-update-july-14-2025/