BTCS closes $10M convertible note issuance; ETH reserves reach 70,028 worth $270M

BTCS Inc.

Closed $10M in 5% senior secured convertible notes at $13 conversion price, a 198% premium to July 18 close.
ETH reserves increased by 14,240 to 70,028, with fair market value of ~$270M based on ETH price of $3,850.
CEO's trust invested $47,500; notes mature in 24 months, accrue 6% interest, secured by all assets except certain ETH.
Sold 271,580 shares via ATM at $6.04 for $1.64M; total shares outstanding 47,852,778.
Year-to-date capital raised ~$207M through equity, convertible debt, and DeFi borrowing.

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