BTCS Inc. (NASDAQ: BTCS) has announced that the market value of its Ethereum (ETH), cash, and other liquid assets totals approximately $242 million, based on an ETH price of $3,600. The company holds 55,788 ETH and has agreed to issue $10 million in convertible notes at $13 per share, representing a 198% premium to the closing price on July 18. This year, BTCS has raised $189 million through its DeFi/TradFi Accretion Flywheel strategy. The company plans to further expand its Ethereum holdings and enhance shareholder value by leveraging both decentralized and traditional financial instruments.