Blockchain Operations - BTCS's Ethereum block-building operations under the Builder+ brand launched in 2024, focusing on maximizing transaction value and gas fee revenue [20][21] - Builder+ aims to expand to other blockchain networks, aligning with BTCS's long-term diversification strategy [22] - The company discontinued its StakeSeeker platform on December 27, 2024, to concentrate resources on Builder+ and validator node operations [32] - BTCS charges a Validator Fee, calculated as a percentage of crypto asset rewards earned, creating scalable revenue opportunities [28] - BTCS aims to grow revenue and margins by scaling Ethereum block-building under Builder+ and expanding NodeOps, focusing on enhancing technology, increasing order flow, and gaining control over block space [71][74] - BTCS is focused on increasing Builder+ order flow through strategic partnerships and network integrations to enhance profitability [73] - BTCS's strategic initiatives are designed to position it as a leader in blockchain infrastructure, leveraging its Builder+ operations and validator expertise [75] Asset Management and Security - As of December 31, 2024, 98% of BTCS's crypto assets were held in cold storage wallets, ensuring maximum protection against breaches [33] - The company prioritizes the secure custody of its crypto assets, maintaining less than 0.1% on exchanges at any time [33] - The Company has determined that if over 40% of its assets are considered securities, it may be classified as a 1940 Act company, which could adversely affect its operations [56] - The company targets maintaining over 60% of its total assets in Ethereum to avoid classification as an investment company under the 1940 Act [54] Technology and Innovation - ChainQ, an AI-powered blockchain data and analytics platform, is currently in beta, enhancing transparency in the blockchain ecosystem [31] - The Company is committed to enhancing its technology stack to optimize efficiency and scalability, which is essential for maintaining a competitive edge in the blockchain industry [72] - The Company relies on proprietary technology and intellectual property critical to its blockchain operations, protected through various legal measures [64][65] Market Environment - The blockchain and cryptocurrency industry is maturing, with increased institutional participation and regulatory scrutiny shaping its trajectory [42] - The competitive landscape includes significant challenges from established cryptocurrency exchanges and specialized crypto asset companies, which have greater financial resources and brand recognition [60][62] - The regulatory landscape for crypto assets is rapidly evolving, which may materially affect the Company's operations and financial performance [58] Workforce and Structure - As of December 31, 2024, BTCS had seven full-time employees, emphasizing a remote-first work environment to attract a larger talent pool [66] - As of March 17, 2025, the total common shares diluted amount to 23,530,049, with 20,087,981 common stock issued and outstanding [78]

BTCS Inc. to Launch New Partnership with Wharton's Mack InstituteMarch 18, 2025 8:30 AM EDT | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - March 18, 2025) - BTCS Inc. (Nasdaq: BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, today announced it is joining the Mack Institute for Innovation Management at The Wharton School as a corporate partner. This initiative will be conducted through Wharton's Mack Institute for Innovation Management, the p ...

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 ...

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 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") ...

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]

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 ...

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 ...

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]

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]