The American company BTCS has launched a large-scale fundraising campaign, planning to raise up to $2 billion through the issuance of new batches of shares. The funds raised are intended to primarily increase the company’s cryptocurrency reserves, likely through the acquisition of Ethereum.
This is reported by Business • Media
Capital Raising and Investment Strategy
According to the filed S-3 statement with the U.S. Securities and Exchange Commission (SEC), BTCS plans to issue several batches of shares to raise up to $2 billion. In official documents, the company states:
“We intend to use the net proceeds from the sale of our securities to provide additional funds for the acquisition of digital assets, working capital, and other general corporate purposes.”
Previously, BTCS has already invested in Ethereum, as it specializes in managing nodes of this network. Therefore, experts suggest that a significant portion of the new funds will be directed specifically towards replenishing the ETH reserve. This could make the company the largest holder of this asset among public and private market players.
Additional Funding Stages and Results
In addition to the primary share issuance, BTCS has filed another S-3 statement for the resale of approximately 5 million shares. These shares arose from the conversion of bonds and the exercise of warrants. Through this, the company expects to raise an additional approximately $12 million, which will also be directed towards general corporate purposes.
On July 28, 2025, BTCS announced a significant increase in its Ethereum portfolio by 14,240 ETH, bringing its total volume to 70,028 ETH. At the time of preparing this material, the price of Ethereum stands at $3,759.
Thus, BTCS is consistently increasing its cryptocurrency portfolio, and the new capital raising stage will allow the company to strengthen its position in the digital asset market.