Ethereum-focused (ETH) blockchain company BTCS Inc. has announced plans to raise up to $2 billion through stock sales to increase cryptocurrency holdings. The move was revealed in a recent S-3 registration statement filed with the Securities and Exchange Commission (SEC).
BTC accumulates more Ethereum?
According to the recent S-3 Submit With US Financial Watchdog, US-based digital asset company BTCS is looking to raise $2 billion through stock sales to expand its digital asset portfolio and expand its management.
Specifically, BTCS aims to sell common stock across multiple offerings subject to a total offering cap of $2 billion. In an official SEC filing, the company stated:
We will use the net proceeds from the sale of securities by the Company to provide additional funding to purchase digital assets, working capital, and other general corporate purposes.
In addition to S-3 filing, BTCS has filed separate filings for the resale of more than 5 million shares of common stock related to previous convertible notes and warrants. The company expects it to generate up to $12 million from the offer.
BTCS is steadily increasing its ETH reserve throughout 2025. Very recently, IT I bought it 14,420 ETH brings total holdings to 70,028 ETH. It is currently valued at approximately $275 million.
According to Coingecko data, BTCS ranks fifth among public companies with the largest ETH Treasury Ministry. Bitmine Immersion Technologies is at the top of the list, holding 566,776 ETH on its balance sheet.
At the time of writing, BTCS stock recorded a small pullback, with 2.6% trading at $4.91. However, companies registered with NASDAQ are up almost 100% on a year-on-year basis (YTD).
ETH accumulation with full power
Over the past few years, we’ve seen giants of companies like Strategy (previously Micro Strategy), Tesla and Coinbase. Accumulation Bitcoin (BTC) Reserve, 2025, is becoming the year of Ethereum accumulation.
Sharplink Gaming, another company recently listed on NASDAQ – I’ve got it 79,949 ETH expands total digital assets to 360,807 ETH. This came after the company had it Disclosure Plans to spend up to $5 billion to buy more ETH.
Similarly, Bit Digital I bought it 19,683 ETH last week, it used net income from its recently concluded $67.3 million share offer. Another public company Gamesquare investment $5 million ETH as part of its corporate financial strategy.
Meanwhile, influx attracted to Spot Ethereum Exchange Trade Funds (ETFs) Continued To increase it even covers what was recently recorded by the BTC counterparts. At press time, ETH will trade at $3,796, an increase of 0.8% over the past 24 hours.
Featured images on Unsplash.com, Yahoo! Charts of Finance, Coingecko, and TradingView.com
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