BTCS Files Shelf Registration to Raise Up to $2 Billion for Ether

BTCS, a Nasdaq-listed blockchain infrastructure and staking company, filed a shelf registration with the U.S. SEC to raise up to $2 billion for purchasing more ETH.

The filing allows issuance of securities in separate tranches.
No immediate commitment to issue securities; details will follow in prospectus supplements.
Funds may be used for acquiring ETH, expanding staking operations, or increasing working capital.
BTCS has focused on Ethereum since 2021 and holds over 70,000 ETH, valued at approximately $265 million.
The company was recently added to the Russell Microcap Index.