debt
confidence high
sentiment positive
materiality 0.75
BTCS borrows additional $10.97M from AAVE; ETH holdings rise 221% to 29,122
BTCS Inc.
- Borrowed $10.97M USDT from AAVE (total $15.5M), collateralized by 14,280 ETH (~$42.8M), variable rate ~5.4%.
- Sold 9.6M shares under ATM for net ~$36.7M at avg $3.95/share from May 14 to July 11, 2025.
- Total ETH holdings 29,122 ($87.3M at $3,000/ETH), a 221% increase from year-end 2024.
- Total crypto & cash assets $96.3M; total debt $22.9M (24% debt-to-assets); leverage cap 40% NAV.
- YTD capital raised $62.4M: ATM $39.5M, convertible debt $7.4M, Aave loans $15.5M.
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