Ethereum Buying Spree: BTCS Acquires 1,000 ETH, Now Holds 13,500 Coins

BTCS Inc has increased its Ethereum (ETH) holdings to 13,500 coins. This follows the recent acquisition of 1,000 ETH for approximately $2.63 million. The purchase was made through the Crypto.com Exchange, using its institutional trading services. As of June 2, this move marks a nearly 50% rise in ETH holdings since the end of Q1 2025.

The company is focusing on ETH as part of its broader blockchain infrastructure strategy. As a result, its acquisition supports both its treasury model and infrastructure operations. BTCS aims to build scalable blockchain systems and sees ETH as central to these efforts.

BTCS Acquires 1,000 Ethereum, Total Hits 13,500

The firm BTCS continues to expand its blockchain operations and Ethereum reserves. With the addition of 1,000 ETH, the company now holds around 13,500 ETH. This increase reflects BTCS’s commitment to Ethereum-based technologies, including its NodeOps and Builder+ activities.

Charles Allen, CEO of BTCS, stated, “Ethereum remains at the core of our blockchain infrastructure strategy.” He added that ETH acquisition is a byproduct of their infrastructure development, not just a digital asset reserve. The company is working to scale revenue-generating blockchain services that operate on Ethereum’s network.

BTCS is not exploring Ethereum just because it could rise in value. Instead, the focus is on long-term development of resources and making services sustainable and now applying ETH to many areas of its business.

Crypto.com Role in the ETH Acquisition

The ETH was acquired through the Crypto.com Exchange, an institutional-grade trading platform. This exchange is designed for advanced and institutional users and provides deep liquidity and low latency. Crypto.com began offering U.S. services in 2024 and has become a major platform for institutional crypto trading.

According to BTCS, using Crypto.com helped optimize trade execution. The exchange reduced slippage and ensured cost-effective capital deployment.

“We have utilized Crypto.com’s institutional offering… reducing slippage and optimizing capital deployment,” said Allen.

Eric Anziani, President and COO of Crypto.com, commented on the partnership: “We are proud to partner with BTCS in its cryptocurrency acquisition strategy.” He said the platform is designed to provide institutions with advanced tools and liquidity for large-scale trades.

ETH Reserves Growing Among Public Companies

Subsequently, Ethereum exchange balances are now at their lowest point in seven years, according to on-chain data. More public companies are increasing their ETH holdings, and supply on exchanges continues to drop.

BTCS is among several firms increasing ETH reserves. Grayscale Investments holds about 1.85 million ETH, BlackRock holds about 1.05 million ETH, and Fidelity Investments holds around 460,900 ETH. In addition, Abraxas Capital and others have also made large ETH acquisitions.

Concurrently, SharpLink Gaming also recently closed a private placement deal to build its Ethereum treasury. The company revealed that it aims to raise between $750 million and $1 billion. It is aiming to surpass all others by holding the biggest reserves of ETH on the market.

Since corporate buying of ETH is increasing, it could soon become a key focus for many firms’ treasury and infrastructure plans, leading others to do the same.