Bitcoin Shop, a D.C.-based bitcoin mining company, declared in its SEC filing that it raised a total of $2.3 million from hedge funds and private investors in an attempt to expand its operations.
Charles Allen, Bitcoin Shop CEO, said the raised funds will be employed to enhance its bitcoin mining that involves verifying transactions made in the bitcoin network and allowing Bitcoin Shop to earn 25 bitcoin for each verified transaction.
The company has also collaborated with a number of cryptocurrency companies to leverage their solutions and bitcoin mining operations. Moreover, it has acquired additional equity in Coin Outlet for an orderly roll out of bitcoin ATMs in the country.
It states in its website that it seeks to enable users to engage in the cryptocurrency space through one point of access, their universal digital currency platform. Bitcoin shop not only allows users to purchase specific products with bitcoin, dogecoin or litecoin, but is also a publicly traded company with the ticker BTCS.


FxWirePro- Major Crypto levels and bias summary
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 



