BTCS Preannounces Record Revenue for 2025 and Issues Annual Shareholder Letter

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]