Joy Lou
Joy Lou|Jul 08, 2025 16:35
Today BTCS announced that it will raise $100 million to buy ETH, which seems ordinary and not much. But the highlight is that it adopts a hybrid fundraising approach, using ATM, CB, and Defi (AAVE) as fundraising methods together. But this has opened up the ceiling for cryptocurrency hoarding companies that use ETH as a reserve, and also implies a direction that ETH naturally has a complete Defi ecosystem with the ability to leverage, and ETH has staking income.
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