Ethereum Treasury Firm, Blockchain Technology Consensus Solutions (BTCs), uses Defi Lending Protocol Aave to generate proceeds and buy more Ether. The CEO, Charlie Allen, revealed this on X and noted that the agricultural yield is through the platform.
According to Allen, the Nasdaq-Gentered company deposited $ 100 million to Lido Staked ETH (Steth) on an Aave with a return of 3% per year (APY), and borrowed $ 30 million USDT from the protocol with a percentage of 5%. It has now used the $ 30 million stablecoins loan to buy more ETH, which expands with 4% APY.
🔁 How @nasdaqbtcs @aave used for livered ETH proceeds
Dump $ 100 million steth @ 3% apy → $ 3 million/year
Leen $ 30 million USDT @ 5% → $ 1.5 million/annual costs
Buy ETH with USDT, put it in @ 4% → $ 1.2 million/yearNet revenue = $ 3m – $ 1.5 million + $ 1.2 million = $ 2.7 million/year
➡️ Net apy on $ 100 million: 2.7%
➡️ Effective ETH …– Charles Allen 🐢🦄 (@Charles_BTCS) July 22, 2025
All noted that the BTCs strategy enables a net yield of $ 2.7 million a year (2.7%) to generate on the $ 100 million in Stant eth, a movement described by all as an effective exposure to ETH and only an iceberg tip of what the company does.
This is not the first time that BTCs will borrow on an ETH to buy ETH, with the company taking a USDT loan of $ 2.34 million on the protocol on July 14 to buy ETH. At that time it added the loan to cash in hand and at that time it was rightly bought 2,731 ETH $ 8.23 million.
In the meantime, some observers believe that BTCS takes a huge risk with its strategy, given the risk of liquidation if the ETH price would fall. One of those users noted that only statement would have generated 4% APY. However, other users have clarified that the company is depositing Stutet ETH on Aave; That is why the proceeds from the setting are not included in the 2.7% APY.
BTCS enters the top ten ETH holders
Interestingly, BTCS is one of the leading ETH strategic reserve companies that is busy collecting token in the run-up to his recent price die. According to the Strategic ETH Reserves Tracker, the company has nearly 56,000 ETH after completing the purchase of 23,000 ETH on July 21.
With the move it is now in the top ten ETH holders, although it remains far behind Sharplink Gaming, the largest public company that holds ETH with more than 360,000 ether that has been collected in less than two months. Interestingly, Bitmine also has more than 300,000 ETH.
However, BTCS is not only dependent on the generation of bets and yields from Defi protocols. Allen noted that the company also sells equity, integrates with Rocket Pool and building blocks in the Ethereum ecosystem. In an earlier post he claimed that the company is a pioneer in the crypto industry and will continue to lead.
The claim is based on BTCs as the first crypto -mybureau that was made public in 2014. It also collects BTC and ETH for its balance since 2018 with the introduction of digital assets Treasury and became the first public company to distribute a dividend in Bitcoin in 2022.
It is not surprising that the ETH accumulation and treasury management practices had a positive effect on the share value. Yahoo Finance data shows that BTCS year has risen 150% to date and has won 172% in the past month alone. The share currently trades around $ 6.
Aave sees a growing institutional adoption
In the meantime, the movement of BTCS emphasizes how crypto-following organizations are increasingly turning to Aave to generate proceeds. Speaking at the BTCS relocation, founder Stani Kulechov noted that a Treasury company should use an Aave to generate proceeds.
Interestingly, the Ethereum Foundation only a few months ago for $ 2 million to Gho Stablecoin Leende van Aave, which indicates a shift in the sale of ETH. The foundation had also deployed 45,000 ETH in various Defi protocols, including Aave, Compound and Spark, with a most of the capital.
Aave Sloten on top 40 US largest sofas (source: Kolten)
With the growing institutional adoption, Aave deposits have reached $ 56.72 billion, enough to rank the 42nd on the list of largest American banks.
