ETH Strategy raised 12,342 ETH ($46.5M) through private sales, public contributions, and warrants, with most funds allocated for staking and liquidity. Tokens are locked for 4–6 months post-TGE. Meanwhile, BTCS Inc. filed a $2B shelf registration with the SEC to fund Ethereum purchases, staking infrastructure, and validator operations. BTCS has already raised $207M and increased its ETH holdings to 70,028 ETH ($270M). These moves reflect a strong institutional shift toward Ethereum, signaling confidence in its long-term value and staking potential. ETH’s growing treasury use marks a significant evolution in crypto investment strategy.