The BTCS company follows a strategy inspired by Strategy, Michael Saylor’s company.
“Ethereum remains the core of our strategy,” says the CEO of BTCs.
Although his name refers to Bitcoin, BTCS Inc. (Nasdaq: BTCS) is fully focused on Ethereum. The American company announced today, June 2, the acquisition of 1,000 Ethher (ETH) for approximately 2.63 million dollars, which raises its holdings to about 13,500 ETH. This figure represents an increase of 50% compared to the closure of the first quarter of 2025, when it had 9,063 eth.
The purchase was made mainly through Exchange Crypto.com. According to explained Charles Allen, CEO of BTCS, The decision is part of a broader strategy that is not limited only to accumulating ETH as a value reserve.
“Ethereum remains the core of our ‘Blockchain infrastructure’ strategy,” said Allen. “Our ETH position is not just a treasury play; it is the strategic result of our Nodeops operations and our activity in Builder+”.
BTCS is presented as a Technological company specialized in cryptocurrency networks infrastructure. Its business model includes the operation of validated nodes and the construction of blocks through its Builder+system, which seeks to optimize chain validation maximizing revenues from gas rates. In addition, it offers Staking Services and has developed Chainq, a data analysis platform promoted by artificial intelligence.
As cryptooticias reported it, BTCS follows a strategy similar to that of Strategy – company directed by Michael Saylor – although instead of Bitcoin (BTC) accumulates ETH. This informative portal has identified potential risks in Altcoins accumulation strategiesas detailed in the article «Care with playing to be Michael Saylor, but without Bitcoin«.
