Workflow
BTCS(BTCS)
icon
Search documents
BTCS(BTCS) - 2025 Q4 - Annual Results
2026-01-07 13:30
Financial Results - BTCS Inc. reported selected financial results for the year ended December 31, 2025, in a press release dated January 7, 2026[4]. - The financial results include key metrics that will be detailed in the attached shareholder letter[4]. - The financial statements and exhibits are included in the filing, providing additional context for investors[6]. Company Information - The company is listed on The Nasdaq Stock Market under the trading symbol BTCS[2]. - The company’s principal executive offices are located in Wayne, PA[1]. Regulatory Compliance - The report indicates that BTCS is not an emerging growth company as defined by the relevant regulations[3]. - The company has not opted for an extended transition period for new financial accounting standards[3]. - The press release is intended to inform shareholders and will not be deemed filed under the Securities Exchange Act of 1934[5]. Leadership and Communication - The report was signed by CEO Charles W. Allen, indicating leadership's commitment to transparency[10]. - The filing is part of BTCS's ongoing communication strategy with its shareholders[5].
BTCS Preannounces Record Revenue for 2025 and Issues Annual Shareholder Letter
Globenewswire· 2026-01-07 13:30
Core Insights - BTCS Inc. reported record full-year unaudited revenue of approximately $16 million for 2025, marking a 290% increase from approximately $4 million in 2024 [1][4] - The company grew its total assets by approximately 600% year over year and increased its Ethereum holdings to over 70,500 ETH as of December 31, 2025 [1][5] Financial Performance - The unaudited revenue for the fourth quarter of 2025 was approximately $6.6 million, reflecting a sequential increase of more than 34% [4] - Revenue growth was diversified across block building and DeFi-driven strategies, rather than relying solely on traditional staking [5] Strategic Focus - BTCS is focused on the internal development of its Imperium platform, aiming to enhance market awareness as a scalable business within the Ethereum economy [2][16] - The company emphasizes disciplined execution across operations to support long-term shareholder value [2] Operational Developments - The launch of Imperium in 2025 expanded BTCS's addressable market by enabling participation in decentralized finance protocols [9] - BTCS became the first public company to integrate Aave into its operations, facilitating on-chain liquidity generation [8] Shareholder Initiatives - The company reintroduced the Bividend, a unique dividend program paid in Ethereum, to align shareholder participation with on-chain value generation [10] - A revised long-term incentive program was implemented, including performance-based vesting tied to stock price and market capitalization milestones [13] Market Positioning - BTCS positions itself as an operating company rather than a digital asset treasury, focusing on revenue generation through validator operations and DeFi strategies [11] - The company aims to protect common shareholders while ensuring rapid scaling through innovative capital strategies, including access to DeFi platforms [12][13]
BTCS to Host Virtual Fireside Chat on December 16th
Globenewswire· 2025-12-08 13:30
Core Viewpoint - BTCS Inc. is set to host a virtual fireside chat on December 16, 2025, to discuss its recent progress and future strategies, particularly focusing on its Ethereum-first growth approach [1][2]. Group 1: Company Updates - Charles Allen, CEO of BTCS, will provide insights into the company's recent developments following the Q3 2025 earnings release [2]. - The discussion will emphasize BTCS's new Imperium business line and the expansion of its ETH holdings [2]. - The company aims to deliver long-term value to shareholders through its strategic initiatives [2]. Group 2: Event Details - The virtual fireside chat is scheduled for December 16, 2025, at 11:00 a.m. ET, with a Q&A session to follow [3]. - A recording of the event will be made available on the BTCS website after the chat [3]. Group 3: Company Overview - BTCS is a U.S.-based blockchain technology company focused on Ethereum, employing a strategy known as the DeFi/TradFi Accretion Flywheel [4]. - The company integrates decentralized finance (DeFi) and traditional finance (TradFi) mechanisms to drive scalable revenue and ETH accumulation [4]. - BTCS offers leveraged exposure to Ethereum through its operations, which include NodeOps (staking), Builder+ (block building), and Imperium (DeFi activity) [4].
BTCS Reports Record Revenue for the Third Quarter 2025
Globenewswire· 2025-11-14 13:30
Core Insights - BTCS Inc. reported record revenue of $4.94 million for Q3 2025, representing a 568% year-over-year increase and a 78% sequential increase [6][11] - The company achieved a net income of $65.59 million in Q3 2025, primarily driven by a significant increase in the fair value of its Ethereum holdings [6][11] - BTCS's Ethereum holdings reached 70,322 ETH, valued at $291.58 million as of September 30, 2025, marking a 380% increase from Q2 2025 [7][11] Financial Performance - Q3 2025 revenue of $4.94 million was up 568% year-over-year and 78% sequentially, with nine-month revenue reaching $9.40 million, up 437% year-over-year [6][11] - Builder+ revenue was $3.36 million in Q3 2025, a 34% increase quarter-over-quarter and a 730% increase year-over-year [6][11] - Gross margins improved to 22% in Q3 2025 from -2.9% in Q2 2025, reflecting enhanced operational efficiency [6][11] Strategic Developments - The launch of the Imperium business unit marks a significant expansion into decentralized finance (DeFi), complementing existing operations [4][8] - BTCS integrated Aave, a leading decentralized lending protocol, into its operations to enhance liquidity and revenue growth without diluting shareholder value [9][10] - The company has strengthened partnerships with key industry players to enhance its Ethereum-native capabilities [10] Capital Management - BTCS raised over $200 million and launched a share repurchase program, demonstrating a commitment to shareholder value [2][4] - The company strategically utilized both traditional and decentralized financing mechanisms to expand its Ethereum exposure, raising approximately $139 million through its ATM program [13] - Total assets increased by 632% to $298.86 million in Q3 2025, reflecting substantial ETH accumulation [7][11] Operational Insights - Builder+ accounted for approximately 68% of total quarterly revenue, with NodeOps contributing 17% and Imperium representing 15% in its first full quarter [12] - The appreciation of Ethereum contributed to significant unrealized gains, marking the strongest quarter in the company's history [11][13] - The company became the first public entity to issue a dividend and a loyalty reward in Ethereum, enhancing shareholder engagement [14][16]
BTCS(BTCS) - 2025 Q3 - Quarterly Report
2025-11-13 21:36
Financial Performance - Total revenues for the three months ended September 30, 2025, reached $4,938,503, a significant increase from $739,157 in the same period of 2024, representing a growth of 570%[16] - The company reported a net income of $65,588,809 for the three months ended September 30, 2025, compared to a net loss of $9,039,787 in the same period of 2024, marking a turnaround of $74,628,596[16] - The net income for the nine months ended September 30, 2025, was $52,201,644, compared to a net loss of $3,511,070 for the same period in 2024[28] - The company reported a gross profit of $1,087,953 for the three months ended September 30, 2025, compared to $195,849 in 2024, indicating an increase of 454%[16] Revenue Breakdown - Blockchain infrastructure revenues amounted to $4,215,224 for the three months ended September 30, 2025, compared to $739,157 in 2024, indicating a growth of 470%[16] - Blockchain infrastructure revenues for the nine months ended September 30, 2025, reached $8,676,357, compared to $1,751,735 in 2024, indicating a year-over-year increase of about 394%[100] - DeFi revenues from the Imperium business line for the three months ended September 30, 2025, were $723,279, while no revenues were recorded in the same period of 2024[103] - The Company earned $3,356,357 from block building through Builder+ for the three months ended September 30, 2025, compared to $404,503 in 2024, marking an increase of approximately 730%[102] Expenses and Liabilities - The company incurred total operating expenses of $7,079,833 for the three months ended September 30, 2025, compared to $1,920,693 in the same period of 2024, representing an increase of 269%[16] - The total liabilities increased to $73,450,855 as of September 30, 2025, compared to $4,245,435 as of December 31, 2024, reflecting a growth of 1,730%[14] - The total cost of blockchain infrastructure revenues for the three months ended September 30, 2025, was $3,843,634, compared to $543,308 for the same period in 2024, representing a significant increase[112] Assets and Equity - Total current assets increased to $298,344,324 as of September 30, 2025, up from $38,137,940 as of December 31, 2024, reflecting a growth of 682%[14] - The total stockholders' equity rose to $225,404,497 as of September 30, 2025, compared to $33,999,954 as of December 31, 2024, an increase of 563%[14] - As of September 30, 2025, the company's total crypto assets amounted to $293,180,682, a significant increase from $36,056,683 as of December 31, 2024, representing a growth of approximately 715%[161][174] Cash and Financing Activities - The company’s cash and cash equivalents increased to $4,486,051 as of September 30, 2025, compared to $1,977,778 as of December 31, 2024, a growth of 127%[14] - The net cash provided by financing activities for the nine months ended September 30, 2025, was $205,373,353, significantly higher than $653,340 in 2024[28] - The company issued 26,394,414 shares of common stock during the nine months ended September 30, 2025, raising $135,160,842 net of offering costs[18] Stock and Compensation - Stock-based compensation for the nine months ended September 30, 2025, was $3,850,662, compared to $1,887,800 in 2024[28] - The Company issued 329,110 shares of Common Stock to officers and employees as part of accrued bonus compensation, with a total fair value of approximately $813,000[196] - The Company issued 49,812 shares of Common Stock to independent directors, with a total grant date fair value of approximately $113,000 for the nine months ended September 30, 2025[195] Crypto Assets and Valuation - The fair value of crypto assets is primarily determined based on pricing data from Kraken, the Company's principal market[48] - The Company measures its crypto assets at fair value using the last closing price of the day in the UTC time zone at each reporting period end[51] - The fair market value of Ethereum (ETH) held by the company is $291,581,923, with a cost basis of $213,513,938, indicating a realized gain of approximately 36.5%[159] Strategic Operations - The company completed a strategic wind-down of its validator node operations on multiple platforms to focus on Ethereum[34] - The Company expanded its blockchain infrastructure operations to include DeFi activities under the Imperium business line starting in 2025, participating directly in DeFi ecosystems[96] - The Company recognizes revenue from blockchain operations under ASC 606, with three primary sources: staking rewards, transaction fees, and protocol-driven rewards[79]
BTCS to Participate in Upcoming November Conferences
Globenewswire· 2025-11-03 13:30
Core Insights - BTCS Inc. is a blockchain technology-focused company that will participate in several investor conferences in November 2025 [1][2][3] - The company employs a strategy called the DeFi/TradFi Accretion Flywheel, which integrates decentralized finance and traditional finance mechanisms to drive revenue and Ethereum (ETH) accumulation [4] Conference Participation - Blockchain Futurist: November 5-6, 2025, Miami, FL [2] - Cantor Crypto Conference: November 10-12, 2025, Miami, FL [2] - The Premier On-Chain Yield & Staking Conference: November 15-16, 2025, Buenos Aires, Argentina [2] - EthStaker's Staking Gathering: November 18, 2025, Buenos Aires, Argentina [2] - Clear Street Disruptive Technology Conference: November 19-20, 2025, Palm Beach, FL [3] - Devconnect ARG: November 17-22, 2025, Buenos Aires, Argentina [3] Company Overview - BTCS is an Ethereum-first blockchain technology company focused on scalable revenue generation and ETH accumulation [4] - The company combines NodeOps (staking) and Builder+ (block building) within its blockchain infrastructure operations [4] - BTCS aims to provide leveraged exposure to Ethereum through public markets, emphasizing a yield-focused ETH accumulation strategy [4]
X @Token Terminal 📊
Token Terminal 📊· 2025-10-29 13:25
Company Overview - BTCS Inc is listed on Nasdaq [1] Cryptocurrency Focus - Ethereum is highlighted as the network for stablecoins [1]
X @Token Terminal 📊
Token Terminal 📊· 2025-10-14 13:18
RT BTCS Inc. (Nasdaq: BTCS) (@NasdaqBTCS)The beauty of Ethereum lies in its diversity.Private, public, and decentralized entities all build on the same trustless infrastructure, each reinforcing the network’s strength.This is why BTCS believes in Ethereum, and why we’re building the infrastructure that powers its future. ...
New Strong Sell Stocks for Oct. 14th
ZACKS· 2025-10-14 11:10
Core Insights - Three stocks have been added to the Zacks Rank 5 (Strong Sell) List, indicating a negative outlook for these companies [1][2] Company Summaries - **Antero Resources (AR)**: This independent explorer is primarily engaged in the acquisition and development of natural gas, natural gas liquids, and oil resources in the Appalachian Basin. The Zacks Consensus Estimate for its current year earnings has been revised downward by approximately 25.4% over the last 60 days [1] - **BTCS Inc. (BTCS)**: Focused on blockchain infrastructure and technology, BTCS has seen its Zacks Consensus Estimate for current year earnings revised downward by nearly 23.5% over the last 60 days [2] - **Atossa Genetics (ATOS)**: A healthcare company that develops and markets cellular and molecular diagnostic risk assessment products for breast cancer. The Zacks Consensus Estimate for its current year earnings has been revised downward by 8.3% over the last 60 days [2]
BTCS to Participate in Water Tower Fireside Chat on Thursday, October 9, 2025
Globenewswire· 2025-10-08 12:30
Core Insights - BTCS Inc. is participating in the Water Tower Research Fireside Chat Series on October 9, 2025, at 1:00 p.m. Eastern Time, with CEO Charles Allen as a speaker [1][2] - The company focuses on Ethereum-first blockchain technology and aims to drive scalable revenue and ETH accumulation through its DeFi/TradFi Accretion Flywheel strategy [2] Company Overview - BTCS Inc. is a U.S.-based blockchain technology company that integrates decentralized finance (DeFi) and traditional finance (TradFi) mechanisms [2] - The company operates through NodeOps (staking) and Builder+ (block building) to provide leveraged exposure to Ethereum [2] Event Details - The Fireside Chat will be hosted by Dr. John Roy, Managing Director – Technology at Water Tower Research, and is open for all investors to participate [2] - Interested parties can register for the event via the provided Zoom link [2]