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Companies / Financials / BTCS Inc.
BTCS

BTCS Inc.

FinancialsFinance Services
Ticker BTCSWAYNE, PAFiscal year ends DecemberBook value per share $0.79Diluted shares 49.0M

BTCS Inc. (Nasdaq: BTCS) is a blockchain technology company that generates revenue through blockchain infrastructure and decentralized finance activities, primarily on Ethereum. Its infrastructure business operates validator nodes that validate transactions and earn staking rewards, and proprietary block builders that… From the company’s description.

Over the twelve months to Jun 30, 2026, BTCS Inc. reported revenue of $16.63M, up 121.0% from a year earlier, and a net loss of $124.03M. Its pre-tax margin was −742.7%. In fiscal 2025, it reported revenue of $16.49M, up 304.8% from fiscal 2024, and a net loss of $33.35M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$16.49MFY2025
+304.8% year over year
Last 12 mo $16.63M
-182.17%FY2025
+37 percentage points
Last 12 mo -742.68%
$-33.35MFY2025
−2523.8% year over year
Last 12 mo $-124.03M
-23.92%FY2025
−20.2 percentage points
Last 12 mo -319.27%
Cash & financing
$-9.78MFY2025
−177.2% year over year
Last 12 mo $-7.81M
$-9.80MFY2025
−177.3% year over year
Last 12 mo $-7.82M
0.53FY2025
Last 12 mo 1.28
33.2MFY2025
+104.1% year over year
Last 12 mo 49.0M

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 that generates revenue through blockchain infrastructure and decentralized finance activities, primarily on Ethereum. Its infrastructure business operates validator nodes that validate transactions and earn staking rewards, and proprietary block builders that construct transaction blocks for submission to validators. Its Imperium business deploys digital assets into decentralized finance protocols for lending, borrowing, liquidity provision and other on-chain activities. These operations serve blockchain networks and decentralized protocol markets, with revenue earned through network rewards, transaction fees and protocol activity. BTCS reports blockchain infrastructure and DeFi as separate operating segments; in fiscal 2025, Builder+ generated approximately 80% of revenue, NodeOps 12% and Imperium 8%. The company completed a shift toward Ethereum-focused operations in 2025, discontinuing validator activity on non-Ethereum networks and winding down legacy platforms StakeSeeker and ChainQ; Builder+ also operates on Binance Smart Chain. Total revenue was $16.5 million in fiscal 2025, and the company had nine full-time employees as of March 22, 2026.

Company details
Sector
Financials
Industry (SIC)
Finance Services
Headquarters
WAYNE, PA
Fiscal year end
December
CIK
1436229
SIC
6199

Financial performance, year by year

Fiscal 2011–2025 · USD
$-138.10M$-95.90M$-53.70M$-11.51M$30.69M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The 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.

Ownership

Who owns BTCS Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

17
funds hold it
0 of 35
superinvestors hold it
$3.31M
held by funds, at market
4.8%
of shares held by funds

Largest fund holders · BTCS Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Global X Blockchain ETF
BKCH · GLOBAL X FUNDS
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
Invesco Alerian Galaxy Crypto Economy ETF
SATO · Invesco Exchange-Traded Fund Trust II
—of fund net assets

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.

Connected research

Put this business in context.

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