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BTCS Inc. Proudly Announces the Appointment of an Accomplished Finance Leader to the Board

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BTCS Inc. (Nasdaq: BTCS) has appointed Melanie Pump as an independent director to its Board. Pump, who is currently the Chief Financial Officer at Polymath Research Inc., brings extensive experience from previous roles, including CFO of Brane Inc. and Incognito Software Systems. CEO Charles Allen expressed confidence in her capability to enhance shareholder value as BTCS prepares to launch its Staking-as-a-Service platform, which is aimed at expanding its blockchain technology offerings. The company is also focused on providing innovative solutions in the digital asset ecosystem.

Positive
  • Appointment of Melanie Pump adds significant industry expertise to the Board.
  • Pump's leadership is expected to enhance shareholder value.
  • BTCS is approaching a new phase with the launch of its Staking-as-a-Service platform, indicating growth potential.
Negative
  • None.

Silver Spring, MD, Oct. 03, 2022 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, announced today the appointment of Melanie Pump as a new independent director to its Board.

Ms. Pump serves as Chief Financial Officer at Polymath Research Inc. (“Polymath”), a start-up blockchain technology company, where she leads their Finance, HR, and compliance efforts. Prior to Polymath, Melanie was the Chief Financial Officer of Brane Inc., a technology service provider for digital asset custody. In addition to other senior finance roles, she also served as the Chief Financial Officer of Incognito Software Systems, a global telecom software provider (acquired by Constellation Software Inc.). Melanie is also on the board of directors of Mobio Technologies.

“We are proud to welcome Melanie Pump to the team. Her extensive industry expertise and executive leadership will prove valuable to the Board,” said Charles Allen, Chief Executive Officer of BTCS. “As a Board, we continually evaluate and asses the credentials of our directors to ensure their qualifications and interests are aligned with those of our shareholders as we focus on enhancing value for our shareholders” continued Allen.

“I am incredibly excited to join BTCS’ Board of Directors. I look forward to a long-term collaboration with the Board as BTCS approaches a new phase in the Company's business model with the pending launch of its Staking-as-a-Service platform. BTCS provides exposure to next-generation blockchain technologies and is well-positioned to offer new innovative solutions to the market. I am honored to contribute to these efforts.” said Melanie Pump.

About BTCS:
BTCS is an early mover in the blockchain, and digital asset ecosystem and the first "Pure Play" U.S. publicly traded company focused on blockchain infrastructure and technology. Through its blockchain infrastructure operations, the Company secures Proof-of-Stake blockchains by actively validating blockchain transactions and is rewarded with native digital tokens. The Company is developing a proprietary Staking-as-a-Service platform to allow users to stake, and delegate supported cryptocurrencies through a non-custodial platform, which it plans to integrate with its Digital Asset Dashboard, now in beta release. BTCS' proprietary Digital Asset Platform currently supports six exchanges and over 800 digital assets, and the Company plans to further broaden its suite of performance-tracking tools, add additional centralized and decentralized exchanges, as well as wallets, and stake pool monitoring. For more information visit: www.btcs.com.

Contact information:
Investor Relations
Adele Carey, VP of Investor Relations
a.carey@btcs.com

Public Relations:
Mercy Chikowore
m.chikowore@btcs.com


FAQ

Who is the new independent director appointed by BTCS?

Melanie Pump has been appointed as the new independent director of BTCS.

What experience does Melanie Pump bring to BTCS?

Melanie Pump has extensive experience as CFO at various technology companies, including Polymath Research and Brane Inc.

What is the significance of BTCS launching its Staking-as-a-Service platform?

The Staking-as-a-Service platform is expected to enhance BTCS's offerings and create new revenue opportunities.

What impact could Melanie Pump's appointment have on BTCS?

Her appointment could strengthen the Board's expertise and align with the company's goals to enhance shareholder value.

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