BTCS (BTCS), a blockchain and rethinking infrastructure company that is quoted on Nasdaq, focused on Ethereum, presented a shelf record before the US stock and values commission.
Tuesday’s presentation gives the company flexibility to issue values in separate sections, either directly to investors OA through subscribers and corridors. The presentation does not compromise BTC to issue values immediately, but establishes a framework for possible capital increases. The specific terms, including prices and nature of each security, will be detailed in future prospect supplements.
These funds could be used to acquire more tokens for the company’s stockpile eth, expand the rethinking operations or reinforce working capital.
BTCS has been a pioneer of the cryptographic treasure strategy focusing on the native token of the Ethereum block chain since 2021, long before recently newly arrived as Sharplink, Bitmine or Ethzilla. The firm, which recently added to the Russell Microcap index, had more than 70,000 ETH as of July 28, worth approximately $ 265 million.
Read more: Ethereum at 10: What follows for the world computer?
