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🚀 Ether Treasury Giant BTCS Rockets 100% After Announcing $100M ETH Shopping Spree

🚀 Ether Treasury Giant BTCS Rockets 100% After Announcing $100M ETH Shopping Spree

Author:
CoindeskEN
Published:
2025-07-08 19:10:39
6
1

Ether Treasury Firm BTCS Surges 100% on $100M ETH Buying Plan

Wall Street meets crypto chaos as BTCS—the self-proclaimed 'digital treasury'—doubles its market cap overnight. All it took? A nine-figure bet on Ethereum that'd make even a Goldman quant blink.

The playbook: Dump nine zeros into ETH while traditional finance still thinks 'DeFi' is a typo. The market's response? A full-throttle 100% surge—because nothing screams 'institutional adoption' like a moonshot fueled by corporate FOMO.

Reality check: That $100M buy order represents roughly 0.05% of Ethereum's circulating supply—enough to move markets when liquidity's thinner than a VC's patience during a bear cycle. Meanwhile, legacy banks are still trying to tokenize their cafeteria loyalty points.

The closer: When crypto treasuries out-trade hedge funds, maybe—just maybe—the 'ponzi' narrative needs an upgrade. Or at least a bigger spreadsheet.

|Square

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