Blockchain technology consensus solutions listed at Nasdaq (Btcs) Joins the Russell Microcap index, giving the Ethereum company a larger exhibition among investors who follow the reference for small American companies.
The company based in Maryland announced earlier this month a financing plan of $ 100 million to acquire more ETH for its balance sheet. The company says that it performs blockchain operations such as the development and construction of blocks, with an inclination to the Ethereum ecosystem. He also develops tools such as Chainq, an analysis platform designed to help users travel through blockchain data.
The inclusion of the index means that BTCs could appear in portfolios managed by common investment funds and institutional managers which follow the Russell indices, which are used to create funds and reference performance.
This could result in an increased negotiation volume or new shareholders. BTCS shares have increased by more than 22% in pre-commercial exchanges and more than 100% in the last month.
Several companies have shot in recent weeks in an Ether cash reserve. In doing so, the course of their shares has increased, with Gamesquare (GAME) Be the last example.
The cabinet has announced that it provided a conference call to examine its $ 100 million Treasury Treasure Strategy. Its actions increased by 45% in pre-commercial exchanges, apparently based on this ad.
Gaming Sharplink (Sbet)The largest ETH holder after having exceeded the Ethereum Foundation, also increased by 16.6% in trade before the market after an increase of 21.3% during the negotiation session of yesterday. In the past 30 days, it has increased by 122%.
The ether itself increased by around 20% in the last month as the adoption of companies is developing. Year at an appointment, it is still down 5%. Bitcoin, in comparison, has increased by more than 25.7% so far this year.
