Welcome to our dedicated page for Btcs news (Ticker: BTCS), a resource for investors and traders seeking the latest updates and insights on Btcs stock.
BTCS Inc. (Nasdaq: BTCS), short for Blockchain Technology Consensus Solutions, is a U.S.-based, Ethereum-first blockchain technology company. Its news flow centers on developments in blockchain infrastructure operations, Ethereum-focused strategy, and capital formation activities that support its DeFi/TradFi Accretion Flywheel.
Readers following BTCS news can expect regular updates on the company’s three primary operating areas: NodeOps (staking), Builder+ (block building), and Imperium (DeFi activity). Press releases highlight milestones in revenue growth, ETH accumulation, and the scaling of these business lines within the Ethereum ecosystem. BTCS also issues announcements when it integrates additional DeFi protocols, expands relationships with Ethereum-focused platforms, or adjusts how it deploys ETH across staking and DeFi strategies.
Company news frequently covers financing and capital structure events, including at-the-market equity activity, senior secured convertible notes, and ETH-backed borrowing through DeFi lending platforms such as Aave. These items are presented as part of BTCS’s broader DeFi/TradFi Accretion Flywheel, which combines traditional finance tools and decentralized finance mechanisms to support ETH accumulation and infrastructure growth.
Investors can also find announcements on shareholder-focused initiatives, such as blockchain dividends (Bividends) payable in Ethereum, loyalty payments for long-term holders, and share repurchase authorizations. In addition, BTCS reports on its participation in industry conferences, virtual fireside chats, and inclusion in benchmarks like the Russell Microcap Index. This news page aggregates these disclosures, offering a centralized view of how BTCS is executing its Ethereum-first strategy over time.
BTCS (Nasdaq: BTCS) has made amendments to its Series V preferred stock to address Nasdaq's feedback. The company is moving towards distributing Series V shares on a 1:1 basis to eligible shareholders. The record date for this distribution is set for May 12, 2023, with a payment date of June 2, 2023. Each Series V share aims for listing on the Upstream exchange, leveraging blockchain technology for instantaneous trade settlements. CEO Charles Allen emphasized that this initiative will enhance investor protection by reducing risks linked to traditional settlement processes. The amended Series V will have a 20% liquidation preference and may include dividends at the board's discretion. Shareholders are encouraged to review the full terms and associated risks as outlined in the company's filings with the SEC.
BTCS Inc. (Nasdaq: BTCS) reported a 39% revenue increase to $1.7 million for fiscal year 2022, up from $1.2 million in 2021. Although gross margins fell from 78% to 75%, the net loss improved to $15.9 million ($1.25 per share) from $21.1 million ($3.09 per share) in 2021. The decrease in losses was attributed to non-cash impairment charges on crypto assets, which totaled $13.3 million compared to $3.8 million the previous year. With $2.1 million in cash and the fair value of crypto assets rising to $18.8 million by March 28, 2023, BTCS highlights its commitment to innovative projects like the recent launch of the StakeSeeker platform, enhancing non-custodial staking services.
BTCS Inc. (Nasdaq: BTCS) announced a delay in the distribution of its Series V Convertible Preferred stock due to anticipated structural changes. CEO Charles Allen emphasized the company's commitment to protecting investors and ensuring value through blockchain technology, which could optimize settlement processes. The previously set Record Date of March 27, 2023, and Payment Date of April 14, 2023, will be revised. The company is collaborating with Nasdaq to finalize necessary adjustments, with further updates to be communicated once finalized.
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