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BTCS Inc. (BTCS) Stock Jumps 111.1%: Will It Continue to Soar?
ZACKS· 2025-07-09 18:36
Company Overview - BTCS Inc. shares increased by 111.1% in the last trading session, closing at $5.91, with a significant volume of shares traded compared to normal sessions [1] - The stock had a 13.4% gain over the past four weeks, with a notable price rise following the announcement of a $100 million capital raise aimed at purchasing Ethereum [1] Business Strategy - BTCS focuses on Ethereum block-building through its Builder+ platform and validator node operations across various proof-of-stake (PoS) networks [2] - The company employs a non-custodial staking model to enhance trust and scalability, while its AI-powered ChainQ analytics platform improves data transparency [2] - Security is a priority, with 98% of crypto assets stored in encrypted cold storage, and proprietary infrastructure is used to optimize performance and efficiency [2] Financial Performance - The company is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year decline of 75% [3] - Revenue is projected to be $1.7 million, representing a 203.6% increase from the same quarter last year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [4] Industry Context - BTCS Inc. holds a Zacks Rank of 2 (Buy) within the Zacks Financial - Miscellaneous Services industry [5] - Another company in the same industry, Ponce Financial, closed the last trading session at $14.36, with a 1.4% increase, and has returned 6.6% over the past month [5] - Ponce Financial's consensus EPS estimate has remained unchanged at $0.17, showing a year-over-year change of +21.4% [6]
BTCS Inc. Further Increases Target Funding to $225 Million for Strategic Ethereum Purchases Using DeFi/TradFi Flywheel
Globenewswire· 2025-07-09 11:00
Silver Spring, MD, July 09, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) ("BTCS" or the "Company") short for Blockchain Technology Consensus Solutions, a blockchain technology-focused company, today announced a funding target increase to $225 million to accelerate the Company's Ethereum accumulation strategy. The Company's vertically integrated operations, including solo staking through validator nodes and block building, are central to this approach. These activities not only generate recurring, crypt ...
BTCS Secures MetaMask Order Flow and Anticipates All-Time Record Revenue in Q2
Newsfile· 2025-07-02 13:25
Core Insights - BTCS Inc. has achieved a significant milestone by surpassing 2.7% market share of all Ethereum network transactions in Q2, qualifying for direct order flow from MetaMask, a leading Ethereum wallet with over 100 million users [1][2] - The integration with MetaMask is expected to enhance BTCS's transaction capture capabilities, leading to higher associated fees and more profitable block building [2][4] - BTCS has secured additional order flow partnerships with Blink, Kolibrio, Cowswap, and Copium, diversifying its sources and strengthening its position as an Ethereum block builder [3] Company Strategy - The company aims to grow revenue through enhancing its technology stack, increasing order flow, and controlling block space, which is seen as a validation of its long-term strategy [5] - CEO Charles Allen highlighted the challenges of securing order flow while building a large volume of blocks, indicating that the recent partnerships are crucial for establishing market position [4] Financial Outlook - BTCS anticipates an all-time record high revenue for Q2, although the pursuit of controlling block space and winning order flow partners may negatively impact margins [4]
Origin Agritech Announced Financial Results for the Six Months Ended March 31, 2025
Prnewswire· 2025-06-26 20:15
BEIJING, June 26, 2025 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, today announced financial results for the six months ended March 31, 2025.Business Accomplishments and Highlights for the Six Months Ended March 31, 2025, and to date:Strategic Partnerships and Commercialization: In October 2024, Origin established the "Origin Marker Biological Breeding Service Consortium" in partnership with China Golden Marker Biotechno ...
Spirit Blockchain Completes Development of SpiritLinQ to Meet Growing Institutional Demand for Tokenized Assets
Globenewswire· 2025-06-26 12:00
Core Insights - Spirit Blockchain Capital Inc. has completed the programming and development phase of its digital wealth management platform, SpiritLinQ, which is set for pilot onboarding in Q3 and full commercial release in Q4 2025 [1][3] - SpiritLinQ aims to provide a secure and compliant gateway for institutional and accredited investors to access the growing digital asset and tokenization economy [2][4] Market Timing and Strategic Rationale - The completion of SpiritLinQ aligns with the global adoption of tokenized financial infrastructure, positioning the company to benefit from regulatory support and institutional demand [3] - The CEO of Spirit Blockchain Capital Inc. emphasized that the convergence of technology, regulation, and institutional interest presents a significant opportunity in tokenized finance, with Spirit being one of the few publicly traded platforms ready to scale [3] - The company is committed to being the preferred platform for asset managers and institutions seeking reliable infrastructure with public market governance [3] Industry Overview - The global tokenization market is projected to grow from approximately USD 3.4 billion in 2024 to over USD 4.1 billion in 2025, reflecting an estimated CAGR of over 22% [5] - The total value of tokenized real-world assets on-chain surpassed USD 24 billion as of Q2 2025, with projections indicating the broader tokenized asset market could exceed USD 10 trillion by 2030 [5] - Major financial institutions, including BlackRock and JPMorgan, have made strategic investments in tokenized asset markets, indicating strong institutional interest [5] Platform Features - SpiritLinQ enables the issuance and management of tokenized securities, real-world assets, digital funds, and structured yield products, featuring multi-chain wallet functionality and integrated compliance tools [5] - The platform is designed to bridge traditional financial instruments with emerging on-chain assets, with ongoing initiatives in exchange-traded products [5]
Anoto Group AB has raised USD 250,000 pursuant to a second tranche under existing convertible loan agreement
Globenewswire· 2025-06-20 20:00
Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that a second tranche of USD 250,000 has been advanced under the existing convertible loan agreement. Under the terms of the agreement the lender will provide a secured loan of USD 250,000 with conversion rights. The loan will be repaid in twelve (12) equal monthly instalments beginning on October 28, 2025, with a final maturity date of October 28, 2026. The outstanding principal will accrue interest at a rate of 10.00% per annum. Interest is ...
BTCS Inc. Acquires 1,000 ETH, Expanding Ethereum Holdings to 14,600 ETH
Newsfile· 2025-06-20 13:00
Core Viewpoint - BTCS Inc. has acquired 1,000 ETH for approximately $2.5 million, increasing its total Ethereum holdings to 14,600 ETH, representing a 61% increase since the end of Q1 2025 [1][2]. Group 1: Acquisition Details - The acquisition was made through borrowing on AAVE, a leading decentralized lending protocol, at an average price of $2,528 per ETH [1]. - The net cost of capital for this acquisition was approximately 2.78% per year, and there was no shareholder dilution involved [1]. Group 2: Company Strategy and Operations - The newly acquired ETH will be used to support the expansion of BTCS' NodeOps business by increasing its staking operations [6]. - BTCS has a long-term strategic approach, emphasizing disciplined execution and commitment to building shareholder value, which has contributed to its status as the oldest publicly traded crypto company [3]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology and aims to drive scalable revenue growth through its operations, including block building and validator node management [7]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [7]. - BTCS also manages validator nodes and staking across multiple proof-of-stake networks, enhancing user access and engagement through its AI-powered blockchain data analytics platform, ChainQ [7].
BTCS Recognizes ETHGas Mainnet Launch and Its Priority Builder Role on ETHGas
Newsfile· 2025-06-18 12:30
Core Insights - BTCS Inc. recognizes the mainnet launch of ETHGas, a low-latency Ethereum infrastructure protocol aimed at real-time transaction execution, and is the only live Priority Builder on the ETHGas network, highlighting its role in scaling Ethereum and driving revenue growth [1][2][3] Company Strategy - BTCS's participation in the ETHGas mainnet launch aligns with its strategy to expand market share and deliver scalable revenue growth by enhancing core infrastructure within the Ethereum ecosystem [2] - The company has built approximately 2.4% of all transactions on Ethereum over the past month, indicating its critical role in supporting the network [2] Technological Advancements - The ETHGas mainnet introduces sub-3 millisecond block pre-confirmations, which are up to 100 times faster than Solana, and allows validators to pre-sell block slots, providing deterministic access to blockspace [3] - As a priority builder, BTCS is positioned to maximize early-stage exposure and optimize block construction economics, contributing to a more efficient Ethereum [3] Industry Collaboration - The collaboration between BTCS and ETHGas reflects the increasing demand for reliable, high-performance builders in the blockchain space, aiming to institutionalize Ethereum's gas markets and enhance scalability [4][6] Company Overview - BTCS Inc. focuses on blockchain infrastructure technology, particularly in block building and validator node management, and operates a branded block-building operation called Builder+ to optimize block construction and maximize gas fee revenues [4] - The company also operates validator nodes across multiple proof-of-stake networks and has developed ChainQ, an AI-powered blockchain data analytics platform to enhance user engagement [4]
BTCS Inc. Utilizes Crypto.com and Acquires 1,000 ETH, Expanding Ethereum Holdings to 13,500 ETH
Newsfile· 2025-06-02 12:30
Core Insights - BTCS Inc. has acquired 1,000 Ether (ETH) for approximately $2.63 million, increasing its total ETH holdings to about 13,500 ETH, which represents a 50% increase from 9,063 ETH at the end of Q1 2025 [1][2]. Company Strategy - The CEO of BTCS emphasized that the expanding ETH position is part of a broader strategy focused on building scalable, revenue-generating blockchain infrastructure rather than merely a treasury strategy [2]. - BTCS aims to maximize strategic value from every ETH purchase by utilizing Crypto.com's institutional offering, which helps reduce slippage and optimize capital deployment across blockchain initiatives [2]. Partnership with Crypto.com - Crypto.com Exchange, launched in the U.S. in 2024, provides advanced trading capabilities with deep global liquidity and ultra-low latency, catering to institutional and advanced clients [2][3]. - The partnership with Crypto.com is intended to enhance BTCS's cryptocurrency acquisition strategy and support its ongoing crypto reserve journey [3]. Company Overview - BTCS Inc. is focused on driving scalable revenue growth through blockchain infrastructure operations, specializing in block building and validator node management [3]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [3]. - BTCS has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [3].
Milestone Scientific Appoints Highly Accomplished MedTech Executive Shanth Thiyagalingam to Board of Directors
Globenewswire· 2025-05-19 14:00
Brings Proven Commercial Leadership, Reimbursement Expertise, and Global Market Insight to Support Next Phase of Growth Across Medical and Dental SegmentsROSELAND, N.J., May 19, 2025 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, today announced that Shanth Thiyagalingam, BMedSc, MMKTG, MBA, has joined its Board of Directors, effective May 14, 2025. Mr. Thiyagalingam brings more than 20 y ...