🚀 BTCS Rockets 100% After Bold $100M Ethereum Treasury Bet

Wall Street's latest crypto darling just pulled a move that'd make even degen traders blush. BTCS shares doubled overnight after announcing a nine-figure plunge into Ethereum—proving once again that in crypto, the fastest way to make money is to loudly throw it at blue-chip alts.

The playbook: While traditional finance hedgies were busy rebalancing their 60/40 portfolios, BTCS went full send on ETH. The $100M treasury allocation screams institutional FOMO—even if the timing feels suspiciously like a distraction from their Q2 earnings miss.

Why it matters: This isn't just another corporate crypto toe-dip. That allocation could buy roughly 35,000 ETH at current prices—enough to make the network's validators sit up straight in their seats. Suddenly every 'ETH is institutional-grade' Twitter thread looks slightly less delusional.

The kicker: Watch how fast the 'responsible corporate blockchain strategy' narrative collapses if ETH tanks 20% next month. Nothing bonds a C-suite and shareholders quite like shared bag-holding trauma.