Publicly Traded Firm BTCS to Raise $57.8M in Convertible Notes for Strategic ETH Purchases

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Publicly Traded Firm BTCS to Raise $57.8M in Convertible Notes for Strategic ETH PurchasesBTCS Inc. has arranged a financing facility of up to $57.8 million to purchase ether as part of its blockchain infrastructure expansion strategy, the company announced Wednesday. BTCS Eyes Ether Accumulation The Maryland-based blockchain firm, BTCS Inc. (Nasdaq: BTCS), issued an initial $7.8 million in convertible notes through ATW Partners LLC, with potential additional tranches […]

Source: Bitcoin News

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