Institutional investors have begun exploring Ethereum’s financial diversification potential. The revenue models and fast transaction capabilities offered by the Ethereum blockchain have captured the attention of institutions. SharpLink Gaming, a publicly traded U.S. company, appointed Ethereum co-founder Joseph Lubin as chairman of its board of directors. With this move, the company initiated a strategic ETH reserve. Starting with an investment of over $450 million to acquire ETH, the company has since continued with weekly purchases. Accumulating a total of 280,000 ETH, SharpLink Gaming has surpassed the Ethereum Foundation to become the largest investor in the asset. The company’s stock has gained over 80% in value over the past month.
In addition to SharpLink Gaming, companies such as Bit Digital, BTCS Inc., and Bitmine Immersion Technologies Inc. have also invested in ETH. For instance, BTCS Inc. has disclosed that it has acquired 31,855 ETH to date and plans to establish a $225 million fund throughout 2025. BTCS Inc.’s CEO, Charles Allen, stated that they have been borrowing through the DeFi platform Aave, utilizing the resulting funds to purchase ETH.
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BTCS Inc CEO Charles Allen Answers Our Questions
With assets nearing $100 million, BTCS Inc., one of the largest institutional ETH investors, is delivering a stellar performance in the U.S. markets. In an exclusive interview with Crypto Data Space, BTCS Inc.’s CEO, Charles Allen, discussed why the NASDAQ-listed company chose Ethereum, the significance of this strategy, and his expectations for ETH.
“BTCS Inc Has Been a Strong Believer in Ethereum From The Early Days”
“Nasdaq listed BTCS Inc., short for Blockchain Technology Consensus Solutions, has been a strong believer in Ethereum from the early days. What sets Ethereum apart is its utility and real-world applicability, it’s not just a store of value, but a programmable platform powering decentralized finance, stablecoins, and much more.”
Highlighting the significance of Ethereum’s transition to the Proof of Stake (PoS) mechanism, Allen noted that the popular blockchain has made significant strides in security and scalability. Allen stated:
“The shift from proof of work to proof of stake (PoS) marked a major evolution. It reduced Ethereum’s energy footprint and enhanced security and scalability. That transition confirmed our conviction, and we made the strategic decision to go all in. Ethereum’s strength lies in its developer community, decentralization, security, and brand recognition. It’s the backbone of real economic activity, including the majority of stablecoin transactions, which are becoming essential for global payments, and on-chain trading.”
“Ethereum is Not Just a Digital Asset”
The aggressive adoption of Ethereum by companies has become a topic of keen interest within the crypto community. Allen discussed the benefits that the Ethereum strategy has brought to BTCS Inc. The CEO stated:
“Ethereum is not just a digital asset, it’s infrastructure, and our strategy is built around that. By focusing on Ethereum, BTCS is pursuing yield-generating operations and double-digit revenue growth, not just passive exposure.”
Allen stated that BTCS Inc. has become a block producer processing approximately 3% of Ethereum’s daily transactions. Unlike other companies, BTCS leverages its ETH holdings in DeFi. The CEO summarized the benefits offered by Ethereum as follows:
“We run validator nodes and are a top block builder, processing nearly 3% of Ethereum’s daily transactions. This gives us direct exposure to staking rewards and MEV (maximal extractable value), positioning BTCS as a foundational part of Ethereum’s infrastructure. Stablecoins like USDC and USDT, are mostly issued and transacted on Ethereum, driving massive on-chain volume. That activity supports gas fees, validator revenue, and ecosystem growth. By operating infrastructure and contributing to block production, we benefit from economic throughput driven by stablecoin usage, decentralized finance, and tokenized real-world assets. We believe this creates a sustainable revenue model and a defensible market position as a public company actively engaged in Ethereum’s long-term growth.”
“Ethereum is a Productive Digital Asset”
When asked whether Ethereum could compete with Bitcoin in the financial world, Allen stated that Ethereum can compete without imitating Bitcoin, using the following remarks:
“Bitcoin is referred to as digital gold: a passive, long-term store of value. Ethereum, on the other hand, is a productive digital asset. ETH can be staked to generate yield, used to secure stablecoin transactions, and is at the heart of DeFi infrastructure. Overall, we anticipate Ethereum will both enable and drive the global tokenization of most real-world assets. For public companies seeking a digital asset treasury play, there’s a growing recognition that Ethereum offers a more dynamic alternative to simply holding Bitcoin. We’re seeing a shift where companies are beginning to pivot toward Ethereum, not just as a treasury holding, but as a strategic platform to build and operate on. While Bitcoin still dominates the store-of-value narrative, Ethereum is where value flows and transactions happen. For forward-thinking public companies, Ethereum is emerging as the logical choice to align treasury strategy with real utility and long-term operational growth.”
Ethereum Price Prediction
Highlighting current trends, Allen stated that BTCS Inc.’s year-end prediction for ETH ranges between $5,000 and $10,000. Allen explained the reasons behind the price prediction as follows:
Based on current trends, we believe ETH has substantial upside through year-end. Ethereum is benefiting from increasing institutional adoption, rising stablecoin volumes, and maturing Layer 2 scaling, and interest in the public markets. Combined with its deflationary mechanics and the continued expansion of the DeFi and stablecoin ecosystem, Ethereum’s fundamentals are stronger than ever.
Allen, emphasized that BTCS Inc.’s strategy is built not on ETH price movements but on Ethereum’s growth. The CEO noted that, as validators, they contribute to the network’s infrastructure and capture long-term value in multiple ways.
