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BTCS Inc. increased its holdings by 14,240 ETH, bringing the total open interest to 70,028.
Nasdaq-listed blockchain company BTCS Inc. disclosed that it has increased its holdings of 14,240 ETH, bringing its total open interest to 70,028 coins, with a fair value of approximately $270 million based on an ETH price of $3,850. BTCS has completed the issuance of $10 million in convertible bonds.
The conversion price for this financing is $13 per share, compared to BTCS.