Nasdaq-listed blockchain technology consensus solutions (Btcs) Joins the Russell Microcap index, giving the Ethereum-focused company greater exposure among investors who track benchmark for smaller US companies.
The Maryland-based company earlier this month announced a $ 100 million financing plan to acquire more ETH for its balance. The company says it runs blockchain operations such as effort and blocking of building, with a slope towards the Ethereum ecosystem. It also develops tools such as Chainq, an analytical platform designed to help users silence through blockchain data.
Index affletion means that BTCs could be displayed in portfolios driven by mutual foundations and institutional leaders who follow the Russell indexes used to build funds and benchmark results.
It can be translated into increased trading volume or new shareholders. BTCS shares have increased by more than 22% in trading before the market and over 100% in the last month.
Several companies have turned to an Ether Treasury Reserve over the past few weeks. Thus, their stock prices have risen with gamesquare (GAME) to be the latest example.
The company announced that it was planning a conference interview to review its $ 100 million ether chamber strategy. Its shares have increased by 45% in trading before the market, apparently based on this message.
Sharplink gaming (Sbet)The largest business owner of ETH after surpassing the Ethereum Foundation is similarly up 16.6% in trading before the market after a 21.3% increase in yesterday’s trade session. In the last 30 days it is up to 122%.
Ether in itself is up to about 20% over the past month as business recording grows. Year to date it is still down 5%. In comparison, Bitcoin has risen more than 25.7% so far this year.
