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BTCS Acquires 1,000 ETH via AAVE to Fuel NodeOps Expansion

BTCS Inc. (NASDAQ:BTCS) is among the best growth stocks to invest in for the next 5 years. According to a press release issued on Friday, BTCS Inc. (NASDAQ:BTCS) has announced the acquisition of 1,000 ether (ETH) for around $2.5 million via borrowing on decentralized lending protocol AAVE. This would allow the blockchain technology company to support the expansion of its NodeOps business by utilizing the newly acquired ether.

This transaction, with an average price of $2,528 per ETH, means that BTCS Inc. (NASDAQ:BTCS) now owns 14,600 ETH, implying a surge of 61% from the existing 9,063 ETH held at the end of the first quarter of 2025. As the CEO of BTCS Inc., Charles Allen, stated,

“Our approach has always been slow, steady, and strategic.”

Through AAVE’s lending platform, the company protected shareholder interest, with the initial net cost of capital noted to be around 2.78% per year. Just recently, FTSE Russell posted its preliminary list of companies slated to join the Russell Microcap Index, with BTCS Inc. (NASDAQ:BTCS) included among the technology names.

BTCS Inc. (NASDAQ:BTCS) is a Maryland-based company that offers blockchain infrastructure services in the United States. From Builder+ and NodeOps to ChainQ, the company has a diversified product portfolio. Founded in 2015, the company is dedicated to securing next-generation proof-of-stake blockchains.

While we acknowledge the potential of BTCS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.

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