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BTCS Drops $57.8M Bet on Ethereum—Wall Street Sharks Circle ’The Next Big Thing’
BTCS Drops $57.8M Bet on Ethereum—Wall Street Sharks Circle ’The Next Big Thing’
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Another day, another nine-figure crypto gamble—this time with BTCS Inc. shoving $57.8M into Ethereum’s volatile ecosystem. Because nothing says ’sound investment strategy’ like doubling down on gas fees and memecoins.
Why Ethereum? The firm’s betting on institutional adoption, ignoring the fact that Wall Street still can’t tell a smart contract from a Starbucks receipt. Meanwhile, ETH maximalists cheer while the rest of us check Bitcoin’s dominance chart.
Final thought: If this moons, expect a tidal wave of copycat plays. If it tanks? Just another tax write-off for the suits.
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