đ Ether Treasury Giant BTCS Rockets 100% After Announcing $100M ETH Shopping Spree
Wall Street meets crypto chaos as BTCSâthe self-proclaimed 'digital treasury'âdoubles 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% surgeâbecause 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 supplyâenough 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, maybeâjust maybeâthe 'ponzi' narrative needs an upgrade. Or at least a bigger spreadsheet.