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2023 Record Net Income of $7.8m or $0.55 per share Silver Spring, MD, March 22, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced its results for the fiscal year ended December 31, 2023 ("2023"). 2023 Financial Highlights & 2024 Preliminary Insights Revenue: $1.3 million in 2023 revenue, down 20% from $1.7 million in 2022. The decrease was primarily driven by lower crypto prices in early 2022. Revenue for the fourth quarter of 2023 increased 20% year-over-year, benefiting from a surge in crypto market prices in December 2023.Gross Margin: 73% gross margins in 2023, down slightly from 75% in 2022.Net
Silver Spring, MD, Nov. 10, 2023 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced its results for the third quarter ending September 30, 2023 ("Q3 2023"). Third Quarter 2023 Financial HighlightsQ3 2023 revenue decreased 18% from Q2 2023 and 8% from Q3 2022 as a result of depressed crypto asset prices, particularly impacting Ethereum (ETH) and Cosmos (ATOM), our two highest earning staked tokens. Gross margins improved slightly to 74% for Q3 2023 compared to 71% for Q2 2023, with gross margins of 72% for the first nine months of 2023. Net loss for Q3 2023 decreased to $0.6 million ($0.04 per share) compared to $1.0
Silver Spring, MD, Aug. 14, 2023 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced its results for the second quarter ending June 30, 2023 ("Q2 2023"). Second Quarter 2023 Financial HighlightsQ2 2023 revenue improved 21% over Q1 2023 to $0.4 million but remained lower than Q2 2022 by 25% as a result of the depressed crypto asset prices. Gross margins for Q2 2023 were 71% compared to 74% for Q1 2022, with gross margins of 72% for the first half of 2023. Net loss for Q2 2023 decreased to $1.0 million ($0.07 per share) compared to $1.4 million ($0.10 per share) for Q1 2023 and $7.7 million ($0.61 per share) for Q
Gainers MMTEC (NASDAQ:MTC) shares moved upwards by 39.0% to $1.46 during Tuesday's pre-market session. The company's market cap stands at $290.7 million. Meta Materials (NASDAQ:MMAT) stock increased by 32.6% to $3.05. The company's market cap stands at $20.4 million. Cheetah Mobile (NYSE:CMCM) stock increased by 19.27% to $6.62. The market value of their outstanding shares is at $197.8 million. Nano Labs (NASDAQ:NA) shares moved upwards by 8.42% to $0.65. The market value of their outstanding shares is at $45.2 million. Soluna Holdings (NASDAQ:SLNH) shares moved upwards by 8.12% to $2.82. The company's market cap stands at $10.7 million. The company's, Q1 earnings came out 3 days ago.
424B5 - BTCS Inc. (0001436229) (Filer)
10-Q - BTCS Inc. (0001436229) (Filer)
424B5 - BTCS Inc. (0001436229) (Filer)
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Silver Spring, MD, April 18, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, is thrilled to announce the appointment of Ashley DeSimone to its Board of Directors. This addition underscores BTCS's commitment to enhancing its governance structure and driving sustainable growth through adding expertise. Ashley DeSimone brings to BTCS a wealth of experience in corporate strategy, and investor and public relations, having held leadership roles in a leading capital markets advisory and investor and public relations firm, as well as having executive experience at an investment firm. Her background in public company investor rel
Silver Spring, MD, Oct. 03, 2022 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced today the appointment of Melanie Pump as a new independent director to its Board. Ms. Pump serves as Chief Financial Officer at Polymath Research Inc. ("Polymath"), a start-up blockchain technology company, where she leads their Finance, HR, and compliance efforts. Prior to Polymath, Melanie was the Chief Financial Officer of Brane Inc., a technology service provider for digital asset custody. In addition to other senior finance roles, she also served as the Chief Financial Officer of Incognito Software Systems, a global telecom sof
Silver Spring, MD, July 05, 2022 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced the appointment of Adele Carey as Vice President of Investor Relations to provide strategic counsel and continue the success in leading the investor relations program. Adele Carey is a talented professional who brings a wealth of invaluable industry knowledge with a proven track record of leadership. Previously, Adele worked in investor relations at CrowdStreet. In December 2021, she was recognized for her outstanding accomplishments and received the Rising Star Award. Prior, she worked as an Investor Relations Analyst at Synchron
134% quarterly year-over-year revenue growth Silver Spring, MD, Nov. 14, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced its results for the third quarter ended September 30, 2024 ("Q3 2024"). Third Quarter 2024 Financial Highlights Quarterly Revenue: Revenue for Q3 2024 was $0.7 million, reflecting a strong 32% increase from Q2 2024 and a significant 134% rise from Q3 2023.Year-to-Date Revenue: For the nine months ended September 30, 2024, revenue exceeded $1.7 million, a robust 73% increase compared to the same period in 2023.Gross Margin: Gross margins for the nine months ended September
Silver Spring, MD, Aug. 20, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced its results for the second quarter ended June 30, 2024 ("Q2 2024"). Second Quarter 2024 Financial Highlights Revenue (3 Months): Q2 2024 revenue reached $0.6 million, representing a 24% increase from Q1 2024 and a 45% increase from Q2 2023.Revenue (6 Months): Revenue for the first half of 2024 surpassed $1.0 million, representing a 45% increase from the first half of 2023.Gross Margin: Gross margin declined to 70% for Q2 2024, with 67% gross margin for the first half of 2024 compared to 72% gross margin for the first half of 2023.N
Silver Spring, MD, July 10, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, is proud to announce the launch of ChainQ, its pioneering blockchain analytics platform designed to revolutionize the exploration and comprehension of certain blockchain data. ChainQ represents a significant leap forward in simplifying the access, querying, and analysis of blockchain data, empowering users with unprecedented accessibility and insights. ChainQ leverages indexed data from BTCS's blockchain infrastructure operations to provide access to otherwise hard-to-access public blockchain data, similar to Bloomberg for financial research or W