Silver Spring, Maryland--(Newsfile Corp. - May 20, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced the acquisition of 3,450 Ether (ETH) for approximately $8.42 million, using proceeds from recent financings. The purchases were made at an average price of $2,441 per ETH.As of May 16, 2025, BTCS holds approximately 12,500 ETH, up from 9,063 ETH at the end of Q1 2025-an increase of approximately 38%. This growth contributed to the fair market value of the Company's total cryptocurrency holdings and cash reaching approximately $38.42 million, representing an 88% increase since the start Q2 2025."Ethereum remains at the core of o

Silver Spring, Maryland--(Newsfile Corp. - May 19, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announced that its Chief Executive Officer, Charles Allen, will be participating in The Benchmark Company's inaugural Virtual Digital Assets Seminar on Tuesday, May 20th. Details of the Fireside Chat:Host: Benchmark CompanyDate: May 20, 2025Time: 8:30AM ESTEvent Registration: Fireside Chat Link (open to public with registration)The event features virtual Fireside Chats with dynamic public and private Digital Assets companies, moderated by Mark Palmer, Benchmark's Fintech & Digital Assets Senior Analyst. These interactive conversations offer a

Silver Spring, Maryland--(Newsfile Corp. - May 15, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, announced its financial results for the three months ended March 31, 2025 ("Q1 2025").Q1 2025 Financial HighlightsRevenue: $1.7 million, up 274% from $0.5 million in Q1 2024, but down 27% from $2.3 million in Q4 2024 due to lower crypto prices.Gross Margin: 7%, down primarily due to increased operational expenses related to expanding our Builder+ operations, which has been driving revenue growth. Net Income/Loss: Net loss of $17.3 million, or $0.86 per share, compared to net income of $12.3 million, or $0.78 per share, in Q1 2024

First tranche of $7.8 million - CEO Participates in FundingSilver Spring, Maryland--(Newsfile Corp. - May 14, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced that it has entered into an agreement for the issuance of convertible notes (the “Agreement”) through a facility of up to $57.8 million led by ATW Partners LLC (“ATW”). Capital from the financing is exclusively earmarked for purchasing Ethereum tokens (ETH) as part of its digital asset and validator node operations strategy.Pursuant to the financing, the Company issued the initial tranche of notes in the aggregate principal amount of $7.8 million, with additional capaci

Silver Spring, Maryland--(Newsfile Corp. - May 8, 2025) -  BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a U.S.-based blockchain infrastructure technology company, today highlighted the successful implementation of the Ethereum network upgrade, Pectra, which went live yesterday May 7, 2025. As part of its ongoing commitment to Ethereum infrastructure, BTCS views Pectra as a key milestone in Ethereum's continued evolution and a strong example of its resilience and user-focused innovation.The Pectra upgrade, delivered several impactful improvements aimed at enhancing validator performance and enhancing user functionality. Key features of the upgrade included:Scaling Validator Staking Incr

Silver Spring, Maryland--(Newsfile Corp. - April 28, 2025) -  BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced a strategic initiative to expand its Ethereum holdings and staking capacity through borrowing on AAVE, the leading decentralized lending ("DeFi") protocol.With Ethereum's price action stabilizing following recent market volatility, BTCS believes the current market represents a compelling opportunity to increase exposure to ETH. As part of its broader strategy to capture long-term value within the Ethereum ecosystem, BTCS has begun borrowing USDT via AAVE, using ETH as collateral. The proceeds are being used to acquire additi

Silver Spring, Maryland--(Newsfile Corp. - April 22, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced that the U.S. Securities and Exchange Commission (the "SEC") has formally terminated its investigation into the Company and no enforcement action has been recommended.The investigation concerned whether non-custodial staking activities and the operation of validator node software could be classified as securities offerings under federal securities laws. This expansive interpretation was unsupported by congressional mandate and impossible to comply with from a technical perspective. That novel approach raised significant quest

Silver Spring, Maryland--(Newsfile Corp. - April 16, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, announces a major expansion of its AI-powered blockchain analytics platform, ChainQ. This latest enhancement introduces all historical Bitcoin blockchain data, coupled with substantially improved performance, further solidifying ChainQ as a premier solution for blockchain data exploration and analysis.Unprecedented Access to Bitcoin's Historical DataWith the addition of Bitcoin's complete historical blockchain dataset, ChainQ enables users to seamlessly analyze Bitcoin transactions, addresses, and patterns dating back to its 2009 genesis blo

Silver Spring, Maryland--(Newsfile Corp. - April 9, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, is excited to announce its partnership with Lehigh University's Masters in Financial Engineering ("MFE") program to support a capstone research project. This collaboration provides graduate students with an opportunity to apply advanced financial engineering techniques to the evolving world of decentralized finance ("DeFi").Lehigh's MFE program is designed to equip students with expertise in financial theory, applied mathematics, and engineering to tackle complex financial challenges. Through this partnership, students will devel

Silver Spring, Maryland--(Newsfile Corp. - April 7, 2025) - BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, today announced the expansion of its block-building operations to Binance Chain, the fifth-largest cryptocurrency with a market cap exceeding $80 billion as of April 3, 2025. This move reinforces the Company's commitment to scalable revenue growth.The expansion was accelerated through the strategic acquisition of TxBoost, an established Binance Chain block builder, further strengthening BTCS's position in the rapidly evolving Ethereum Virtual Machine ("EVM") based ecosystem."Builder+ supporting Binance Chain is a natural extensio

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Silver Spring, MD, Jan. 14, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, is pleased to announce the hiring of Eldari Gogiashvili as a Data Scientist. Eldari will play a pivotal role in developing and deploying data-driven strategies that aim to increase revenue and enhance profit margins within BTCS's Builder+ operations. His expertise will be instrumental as the company continues to optimize its Ethereum MEV opportunities. Eldari will report directly to Ben Hunter, who joined BTCS in 2024 from bloXroute, a leading blockchain distribution network provider. Ben's industry knowledge and leadership in blockc

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

Q1 revenue up 776% over Q1 2021 with gross margins of 76% Fair market value of digital assets up 105% year-over-year  Silver Spring, MD, May 16, 2022 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced its results for the first quarter ended March 31, 2022. Q1 2022 Highlights Expanding blockchain infrastructure operations drove Q1 revenue up 29% over Q4 2021 and up 776% over Q1 2021 to $0.6 million76% gross margins for the three months ended March 31, 2022 compared to 79% and 72% for Q1 2021 and Q4 2021 respectively$5.8 million GAAP net loss, primarily triggered by non-cash charges compared to $11.6 millio

Silver Spring, MD, Feb. 22, 2022 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology focused company, today announced the appointment of Manish Paranjape as Chief Technology Officer. Paranjape, who has been working as a consultant for BTCS since the first quarter of 2021, brings more than 25 years in the technology sector to his CTO role at BTCS. Previously, Paranjape was VP of Technology and Research at Corra, a leading digital commerce agency. Prior to joining Corra, Paranjape was CTO of REGARD, where he was integral to the development of GoGoin, a global digital currency payment gateway for e-commerce merchants. "We are thrilled to bring Mani

Silver Spring, MD, Dec. 01, 2021 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a blockchain technology focused company, today announced the appointment of Michael Prevoznik as Chief Financial Officer of the Company. Prior to joining BTCS, Prevoznik worked for PricewaterhouseCoopers LLP for over nine years, specializing in investment company audits for leading asset managers in the financial services industry. Prevoznik is a Certified Public Accountant licensed in the state of Pennsylvania and received a B.S. in Business Administration as well as a Master of Accountancy from the Grossman School of Business at the University of Vermont. "As a newly Nasdaq-listed co