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BTCS Inc. Announces Strategic Partnership and Investment in ETHGas to Grow Market Share and Support Scaling Ethereum Through Realtime Transactions
Newsfile· 2025-02-25 13:30
BTCS Inc. Announces Strategic Partnership and Investment in ETHGas to Grow Market Share and Support Scaling Ethereum Through Realtime TransactionsFebruary 25, 2025 8:30 AM EST | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - February 25, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, is pleased to announce a strategic partnership with ETHGas, where BTCS will serve as a Priority Builder. As part of this collaboratio ...
BTCS Unveils Strategic Partnership with Figment and WonderFi Leading its Staker Protection Plan
Newsfile· 2025-02-18 13:30
Core Insights - BTCS Inc. has announced a strategic partnership with Figment Inc. to launch the Staker Protection Plan, aimed at enhancing transaction inclusion and state preservation for high-value transactions [1][2] - WonderFi Technologies will be the first customer in the pilot program, which is expected to go live in March 2025 alongside Ethereum's Pectra update [2] Partnership and Pilot Program Highlights - The collaboration between BTCS and Figment emphasizes their commitment to advancing the blockchain ecosystem and addressing challenges in wider adoption [2] - Stakers on WonderFi's Bitbuy and Coinsquare platforms will be the initial beneficiaries of the Staker Protection Plan [2] Staker Protection Plan Benefits - The program aims to provide end-users with greater confidence in transaction inclusion and address complexities in high-value transactions [5] - It seeks to optimize staking rewards rate (SRR) for stakers through improved compliance and performance [5] Company Statements - Charles Allen, CEO of BTCS, highlighted the partnership as a foundation for staker empowerment and ecosystem growth, focusing on revenue growth and operational excellence [4] - Lorien Gabel, CEO of Figment, emphasized the partnership's role in driving innovation and enhancing the Ethereum ecosystem [4] - Dean Skurka, CEO of WonderFi, expressed confidence that the program will enhance validator operations and increase revenue for shareholders [4] Company Profiles - BTCS Inc. specializes in blockchain infrastructure technology, focusing on Ethereum operations and maximizing gas fee revenues through its branded block-building operation, Builder+ [6] - Figment provides staking infrastructure solutions for over 700 institutional clients, managing $15 billion in assets staked [7] - WonderFi is the largest regulated crypto trading platform in Canada, with over $2.2 billion in assets under custody, offering a range of financial services and products [8]
BTCS Inc. Leadership Bets Big on Market Cap Growth-Exchanges RSUs for Restricted Stock
Newsfile· 2025-02-12 13:30
BTCS Inc. Leadership Bets Big on Market Cap Growth-Exchanges RSUs for Restricted StockPaying Taxes Upfront, No RefundsFebruary 12, 2025 8:30 AM EST | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - February 12, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, today announced that its senior management team, including CEO Charles Allen, has elected to exchange all their performance-based Restricted Stock Units ("RSUs") ...
BTCS Chief Technology Officer Departs
Newsfile· 2025-02-07 13:00
Core Insights - BTCS Inc. announced the resignation of Chief Technology Officer Manish Paranjape, effective immediately, coinciding with the discontinuation of the StakeSeeker initiative [1][2][3] - The company aims to refocus on its core business in validator operations and block building, enhancing its technical team to support its 2025 business plan [2][4][5] Company Transition - The departure of the CTO allows BTCS to optimize its technical team and concentrate on its current efforts, which have been generating substantial revenue [4] - BTCS plans to hire additional developers with domain expertise to strengthen its growth strategy while maintaining cost efficiency [4] Business Focus - BTCS is committed to driving innovation and enhancing its blockchain infrastructure capabilities, particularly in validator operations and block-building technology [5][6] - The company operates a branded block-building operation, Builder+, which utilizes advanced algorithms to maximize gas fee revenues [6] - BTCS also supports other blockchain networks by managing validator nodes and staking crypto assets across multiple proof-of-stake networks [6]
BTCS Inc. Enhances Infrastructure for Improved Performance and Cost Efficiency
GlobeNewswire News Room· 2025-01-29 17:23
SILVER SPRING, Md., Jan. 29, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a provider of blockchain infrastructure and technology solutions, announced updates to its operations, including the migration of a significant portion of its infrastructure from AWS (Amazon Web Services) to bare metal servers, and the transition of its Builder+ platform from Go to the Rust programming language. These updates aim to improve operational efficiency, optimize system performance, and suppo ...
BTCS Inc. to Participate in Fireside Chat with Blockdaemon hosted by H.C. Wainwright
Globenewswire· 2025-01-21 13:05
Silver Spring, MD, Jan. 21, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, is pleased to announce its participation in a fireside chat hosted by H.C. Wainwright & Co. The event is open to both institutional investors and the general public and will feature Charles Allen, Chief Executive Officer of BTCS; Ben Hunter, Vice President of Engineering at BTCS; and Freddy Zwanzger, Ethereum Ecosystem consultant at Blockdaemon, one o ...
BTCS Utilizes Rocket Pool to Drive Revenue Growth and Enhance Margins
Globenewswire· 2025-01-15 13:05
Company Strategy and Growth Initiatives - BTCS Inc announced the deployment of its Scaled Validator Implementation Plan, aimed at driving revenue growth and improving margins in the blockchain sector [1] - The company plans to broaden its validator partnerships and diversify technology providers to support long-term, scalable revenue growth [6] - BTCS completed a pilot program and expanded to 320 validators participating in Rocket Pool's liquid staking pool, marking a significant step in expanding validator node operations [5] Revenue and Operational Impact - BTCS projects vertically integrated validator revenue increases of up to 10%, optimizing the number of active validators and increasing total revenue [2] - The company's branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, maximizing gas fee revenues [3] - BTCS supports multiple proof-of-stake networks by operating validator nodes and staking its crypto assets, allowing crypto holders to delegate assets to BTCS-managed nodes [3] Technological Innovation and Ecosystem Expansion - BTCS has developed ChainQ, an AI-powered blockchain data analytics platform, enhancing user access and engagement within the blockchain ecosystem [3] - The company is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves [3] - BTCS conducted extensive due diligence on Rocket Pool, assessing auditability, compliance, cybersecurity, and infrastructure integrity to ensure a secure and scalable validator implementation [5]
BTCS Inc. Strengthens Team with Appointment of New Data Scientist
Globenewswire· 2025-01-14 13:05
Company Announcement - BTCS Inc announces the hiring of Eldari Gogiashvili as a Data Scientist to develop data-driven strategies aimed at increasing revenue and enhancing profit margins within its Builder+ operations [1] - Eldari will report directly to Ben Hunter, who joined BTCS in 2024 from bloXroute, bringing significant industry knowledge and leadership in blockchain network optimization [2] - CEO Charles Allen expresses excitement about the strategic hires, stating they strengthen the core team and position the company to scale innovative services and drive sustainable growth [4] Company Overview - BTCS Inc is a US-based blockchain infrastructure technology company focused on scalable revenue growth through Ethereum blockchain infrastructure operations [5] - The company specializes in Ethereum network operations, particularly block building and validator node management, with its Builder+ operation optimizing block construction to maximize gas fee revenues [5] - BTCS operates validator nodes and stakes crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes [5] - The company has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [5] - BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves [5]
BTCS Launches Innovative Staker Protection Plan
Globenewswire· 2025-01-10 13:05
Silver Spring, MD, Jan. 10, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, proudly announces the launch of its new Staker Protection Plan (“SPP”), an innovative initiative designed to enhance financial stability and operational security for Ethereum blockchain validators. Introducing the Staker Protection Plan by BTCS The SPP represents a transformative approach to supporting Ethereum validators with a comprehensive, four-pr ...
BTCS Issues Shareholder Letter Reflecting on 2024 and Outlook for 2025
Newsfilter· 2025-01-07 13:31
2024 revenue surpassed the predefined performance milestone of $3,712,500 Silver Spring, MD, Jan. 07, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ:BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, issued a letter to its shareholders describing the Company's recent achievements and goals for 2025, including surpassing its predefined revenue performance target of $3,712,500. Further, the Company unveiled its refreshed investor presentation and a revamped website, accessible ...