BTCS ( BTCS) Shares Jump 9.43% Pre-Market on Strong ETH Asset Valuation

BTCS (NASDAQ: BTCS) shares surged 9.43% in pre-market trading on July 21, 5, reaching $7.19 versus the prior close of $6.57.

The move follows BTCS’s announcement that the total market value of its 55,788 ETH holdings and other liquid assets stands at approximately $242.2 million (ETH at $3,600).

Additionally, BTCS agreed to issue $10 million in convertible notes under its $56 million arrangement with ATW Partners LLC, further supporting investor sentiment.