BTCS SA Adds CORE to Balance Sheet in $100M Treasury Expansion

BTCS SA, Europe’s largest Digital Asset Treasury Company (DATCO), has announced the acquisition of $CORE for its balance sheet. The move comes as part of a broader strategy to expand its digital asset treasury through a newly launched $100 million Series G fundraise. 

With this step, BTCS becomes one of the few publicly listed firms in Europe actively diversifying beyond Bitcoin and integrating staking-based assets into its treasury model.

BTCS’s Treasury Allocation Strategy

The new allocation divides assets into:

• 60% Bitcoin (BTC)
• 30% ZIGChain (ZIG)
• 10% Core DAO (CORE)

Unlike the “buy-and-hold” approach often followed by companies such as MicroStrategy, BTCS operates with an Active Treasury Strategy. This model directs capital into staking, validator nodes, and DeFi participation instead of leaving assets idle.

BTCS says ZIGChain and Core DAO will play a central role in producing native returns without requiring leverage against Bitcoin.

As CEO Marlena Lipińska explained:

“This next phase builds on the momentum of our Series F and underscores our conviction that the future of digital asset treasuries lies in productive deployment, not passive storage.”

This strategy is built around:

• Running validator nodes across multiple ecosystems.
• Earning staking rewards and transaction fees.
• Actively contributing to blockchain security and decentralization.

Board member and ZIGChain co-founder Abdul Rafay Gadit also emphasized that staking rewards provide recurring revenue streams while directly supporting network health.

Why CORE Matters in the Treasury Model

Core DAO (CORE) has steadily developed into a major blockchain ecosystem, aligned with Bitcoin’s infrastructure through dual staking and validator participation. Adding CORE into its treasury allows BTCS to:

• Diversify yield sources beyond Bitcoin.
• Participate in the growth of an active ecosystem with rising transaction volumes.
• Support validator operations that strengthen blockchain security.

Core DAO has seen significant growth in 2025, with over 1 million weekly active users and more than 300,000 daily transactions. The network’s dual staking model, which combines CORE with Bitcoin, has expanded to over 210 million CORE and 7,200 BTC staked by mid-2025. 

Also, recent key partnerships include BitGo, Copper, Hex Trust, KODA, and Maple Finance, with integrations enabling compliant institutional dual staking. 

Series G Fundraise and Capital Deployment

BTCS’s announcement follows the recent closing of its Series F raise. The $100 million Series G fundraise marks back-to-back capital formation, showing strong institutional interest in its active treasury model.

Proceeds will be deployed as follows:

• Expand validator operations on Bitcoin, ZIGChain, and Core DAO.
• Strengthen staking-as-a-service offerings for institutional clients.
• Build resilience in volatile markets by balancing yield-generating assets with reserve holdings like Bitcoin.

With exposure to both established assets (BTC) and emerging ecosystems (ZIG and CORE), BTCS mitigates risk associated with Bitcoin's price swings while ensuring long-term operational yield.

Comparison With Other Market Developments

The timing of BTCS’s move comes a few weeks after Valour Digital Securities Limited launched the first Bitcoin Staking Exchange-Traded Product (ETP) on the London Stock Exchange. Known as 1Valour Bitcoin Physical Staking (1VBS), the product provides investors with Bitcoin exposure while delivering a 1.4% annual yield from staking.

While the Bitcoin Staking ETP integrates staking within traditional financial markets, BTCS is embedding the same principle directly within its corporate treasury operations.

Conclusion

BTCS SA’s acquisition of CORE for its treasury is part of a broader shift toward productive treasuries in the digital asset space. As a result of combining Bitcoin as a reserve asset with yield-generating ecosystems such as ZIGChain and Core DAO, the company strengthens its balance sheet while actively supporting blockchain initiatives.

With a $100 million Series G raise underway, BTCS continues to build a model where institutional treasuries are no longer passive reserves but active participants in decentralized ecosystems.

Resources:

1. CoreDAO X platform: https://x.com/Coredao_Org

2. Press release - BTCS, Europe’s Largest DATCO, Accelerates Momentum with a Fresh $100M Offering Following Successful Series F Close: https://www.investing.com/news/cryptocurrency-news/btcs-europes-largest-datco-accelerates-momentum-with-a-fresh-100m-offering-following-successful-series-f-close-4261317

3. Core DAO Defillama - https://defillama.com/chain/Core 

4. State of Core DAO in Q2 - https://messari.io/report/state-of-core-q2-2025 

5. DeFI Technologies Press Release: https://www.globenewswire.com/news-release/2025/09/18/3152314/0/en/DeFi-Technologies-Subsidiary-Valour-Digital-Securities-Limited-Launches-the-First-Bitcoin-Staking-ETP-on-the-London-Stock-Exchange.html