BTCS Inc.
BTCS Inc. (Nasdaq: BTCS) is a blockchain technology company focused on generating revenue through blockchain infrastructure and decentralized finance activities, primarily on the Ethereum network. The company operates as an active participant in the Ethereum ecosystem, generating digital asset-denominated on-chain… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What BTCS Inc. does
In the company’s own words
BTCS Inc. (Nasdaq: BTCS) is a blockchain technology company focused on generating revenue through blockchain infrastructure and decentralized finance activities, primarily on the Ethereum network. The company operates as an active participant in the Ethereum ecosystem, generating digital asset-denominated on-chain revenues rather than functioning as a passive digital asset holder.
The company operates through three complementary business lines. Validator Node Operations, or NodeOps, involves operating validator nodes on the Ethereum network to perform validation and consensus activities in exchange for ETH-denominated staking revenue including protocol-defined rewards and execution layer transaction fees. Block Building, branded as Builder+, participates in the blockspace value chain by operating proprietary block builders that construct optimized transaction blocks for submission to validators, earning fees when BTCS-constructed blocks are successfully proposed on-chain. Decentralized Finance Operations, known as Imperium, deploys digital assets into decentralized finance protocols as a liquidity provider and market participant, enabling flexible capital allocation across lending, borrowing, liquidity provision, and other on-chain financial activities.
During 2025, BTCS completed a strategic repositioning to concentrate operations and capital allocation on Ethereum-focused activities. The company discontinued validator node operations on non-Ethereum blockchains, liquidated the majority of non-Ethereum digital asset holdings, and discontinued legacy technology platforms including StakeSeeker and ChainQ to focus resources on scalable, revenue-generating blockchain infrastructure and DeFi activities.
The company's business model incorporates an integrated capital strategy combining decentralized finance mechanisms with traditional capital markets activities, utilizing at-the-market equity offerings, structured convertible notes, and ETH-backed DeFi borrowing to fund operations and scale infrastructure. BTCS maintains a remote-first operational structure with nine full-time employees as of March 2026, supplemented by third-party contractors and consultants. The company prioritizes secure self-custody of digital assets through company-controlled wallets including cold storage for long-term safeguarding and hot wallets for operational needs, utilizing third-party wallet infrastructure providers for secure management while avoiding margin trading and leveraged arrangements with cryptocurrency exchanges.
Company details
- Sector
- Financials
- Industry
- Finance Services
- Headquarters
- WAYNE, PA
- Fiscal year end
- December
- CIK
- 1436229
- SIC
- 6199
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns BTCS Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · BTCS Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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