BTCS Inc.
BTCS · Price history
Price at last available close
$1.10
−$0.45 (-29.03%) 1M
2026-10-28
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Company & revenue
About BTCS Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
BTCS Inc. operates primarily within the burgeoning fields of digital assets and blockchain technology. A key component of its business involves acting as a validator for various proof-of-stake (PoS) based blockchain networks, thereby playing a crucial role in securing and maintaining these innovative, next-generation distributed ledgers. Beyond its validation services, the company is also constructing an exclusive Digital Asset Platform.
How they make money
BTCS generates revenue primarily through blockchain infrastructure activities, including operating validator nodes and proprietary block builders that earn fees for proposing transaction blocks on-chain. Additionally, the company operates a decentralized finance (DeFi) business line, Imperium, which deploys digital assets into protocols to act as a liquidity provider and market participant.
Products & services
Blockchain infrastructure services including validator node operations and Builder+ block-building, and DeFi liquidity provision through the Imperium platform.
Brands & revenue mix
Proprietary block-building infrastructure.
Separate brand revenue is not available in this research.Source
DeFi operations and liquidity provision platform.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
- Cloud and Data Center Infrastructure Providers — The company relies on third-party data center and cloud service providers to host and maintain the hardware and software infrastructure required for its validator nodes and block-building operations.Source
Strengths
Sources
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
24
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
33
Poor
Financial Strength
21
Business Quality / Moat
83
Management
0
Growth Quality
31
Risk / Durability
10
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
11
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
22/100
Building Historical Record
Model Score 22/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Asset quality scores strongly
- •Recent buyback activity is present
- •MAJOR RED FLAG: Reverse split proposed / authorized
- •High debt risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for BTCS
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can BTCS maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •How long can BTCS fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is BTCS's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What specifically needs to improve for BTCS to reach sustainable profitability?
- •What future growth or profitability would be needed to justify BTCS's current valuation?
Essential Investment Snapshot
Wall Street Score
24
Opportunity Score
11
Market Cap
$57.5M
P/E Ratio
-0.6
EPS
$-2.48
52-Week High
$6.15
52-Week Low
$0.96
Beta
3.39
Shares Outstanding
33.2M
Total Revenue
$16.6M
Total Debt
$13.5M
Dividend
No current dividend
Liquidation Value / Share
$1.17
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Normal movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for BTCS
Detected from reported data — verify before acting.MAJOR RED FLAG: Reverse split proposed / authorized
A recent SEC filing discusses authorization, approval, or a proposal for a reverse stock split. This is treated as a major distress/listing-risk signal and caps Wall Street Score below 30 while pending.
Supporting filingDividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
High debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on BTCS.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Ethereum-native operational focus.
- +Scalable blockchain infrastructure and DeFi business lines.
Potential downside factors
- −Debt risk (high): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Free cash flow is negative.
- −Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
5 historical score records availablePrevious Score
24
Sep 9, 2026
Change
-0.1
points
Current Score
24
Oct 1, 2026
Category Changes
BTCS decreased 0.1 points because some fundamentals weakened.
Projected Score
Projected Score
16
Projected Change
-8.6 points
Preliminary comparable-period financial changes suggest decline of approximately 8.6 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$1.10
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Large reported revenue change: +304.8%
Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.6M | $16.5M | $4.1M | $1.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $12.1M | $14.5M | $3.1M | $360K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $4.5M | $2.0M | $946K | $980K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $439K | $679K | $756K | $687K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $2.2M | $3.8M | $8.4M | $4.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $11.3M | $8.0M | $9.1M | $4.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$12.7M | -$6.0M | -$8.2M | -$3.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$6.8M | -$6.0M | -$8.2M | -$3.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $6.4M | $3.5M | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$124.0M | -$33.4M | -$1.3M | $7.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$124.0M | -$33.4M | -$1.3M | $7.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-2.45 | $-1.00 | $-0.08 | $0.55 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 49.78M | 33.19M | 16.26M | 14.09M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 49.78M | 33.19M | 16.26M | 14.09M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$2.4M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.70
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+53.8%
Cash Change
-58.9%
Margin Change
-1566.7 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Weakened
- Margins contracted
- Cash position declined
- Debt increased
Potential Score Impact
Pressure indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 11.8%. EPS declined 600.0%. Cash declined 58.9%. Total debt increased 53.8%. Net income margin declined by 1566.7 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
5 historical recordsHistorical Score Chart
3 of 5 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Financial - Capital MarketsNews
BTCS Inc. Commences Modified Dutch Auction Cash Tender Offer for Its Series V Preferred Stock at $0.04 to $1.00 per Share
BTCS Completes Preparations for Imperium Tokenized Equity Liquidity Provisioning
BTCS Targets DeFi Growth, $6M Gross Profit as It Expands Imperium to Base
BTCS Inc. to Present at the Water Tower Research Insights Conference on September 23, 2026
Rumor Mill · BTCS
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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