tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BTCS Increases Borrowing with $2.34 Million Loan

Story Highlights
  • BTCS borrowed $2.34 million USDT from AAVE, raising total borrowings to $17.8 million.
  • The loan is collateralized by 16,232 ETH, valued at $49.1 million, with a net cost of 3.4%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BTCS Increases Borrowing with $2.34 Million Loan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from BTCS ( (BTCS) ) is now available.

On July 14, 2025, BTCS Inc. borrowed an additional $2.34 million USDT from AAVE, a decentralized finance lending protocol, increasing its total borrowings on AAVE to approximately $17.8 million USDT. The loan is collateralized by about 16,232 Ethereum (ETH) valued at $49.1 million, with a variable interest rate of approximately 5.4% per annum and an effective net cost of capital of 3.4%. The proceeds were used to acquire additional ETH, which the company intends to stake through its NodeOps business. As of the same date, BTCS’s total cryptocurrency holdings and cash were valued at approximately $100.6 million.

The most recent analyst rating on (BTCS) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on BTCS stock, see the BTCS Stock Forecast page.

Spark’s Take on BTCS Stock

According to Spark, TipRanks’ AI Analyst, BTCS is a Neutral.

BTCS’s overall score reflects strong revenue growth and a solid balance sheet, countered by significant profitability challenges and liquidity issues. Recent corporate events offer strategic growth potential, but valuation remains problematic due to ongoing losses. Technical analysis shows mixed trends, with a slight short-term positive momentum.

To see Spark’s full report on BTCS stock, click here.

More about BTCS

Average Trading Volume: 4,529,413

Technical Sentiment Signal: Buy

Current Market Cap: $105.6M

For a thorough assessment of BTCS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1