Streetbeat News

BTCS

BTCS Inc.

https://www.btcs.com

Industry

Financial - Capital Markets

BTCS Inc. focuses on digital assets and blockchain technologies. The company secures disruptive next-generation blockchains and operates validator nodes on various proof of stake-based blockchain networks. It also develops a proprietary Digital Asset Platform that allows users to evaluate their crypto portfolio holdings across multiple exchanges and chains on a single platform. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland.

Open

4.75

Mkt cap

72M

Volume

6.1M

High

4.75

P/E Ratio

7.13

52-wk high

5.41

Low

3.76

Div yield

N/A

52-wk low

0.95

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on BTCS (NASDAQ:BTCS) and maintained a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 4:15 pm

BTCS (NASDAQ:BTCS) reported Q1 2024 earnings per share (EPS) of $0.63, significantly beating the analyst consensus estimate of $(0.05). The company also reported sales of $385.77K, a 23.84% increase from $311.51K in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:07 pm

In Monday's pre-market session, 12 Information Technology stocks showed significant movement. Gainers included Ascent Solar Technologies, Signing Day Sports, Squarespace, Mawson Infra Gr, Information Servs Gr, and Rubicon Technologies with notable increases. Losers comprised Alpha Technology Group, Soluna Holdings, AEye, BTCS, SAI.TECH Global, and Cyngn, all experiencing declines. Squarespace, Information Servs Gr, and Cyngn's movements were attributed to their recent Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 12:06 pm

In Tuesday's after-market session, several information technology stocks showed notable movements. Gainers included XIAO-I, AudioEye, Texas Instruments, Tungray Technologies, Blend Labs, and BTCS, with increases attributed to factors like Q1 earnings releases. Conversely, Enphase Energy, Baijiayun Group, Manhattan Associates, Rubicon Technologies, Mawson Infra Gr, and Core Scientific experienced declines, with some linked to their Q1 earnings outcomes.

Portfolio Pulse from Benzinga Insights

April 23, 2024 | 8:31 pm

In Wednesday's after-market session, several information technology stocks experienced notable movements. Verb Tech, Oblong, AEye, SEALSQ, Sonim Technologies, and Marin Software were among the gainers, with increases ranging from 3.89% to 9.9%. Conversely, VIA optronics, AudioEye, ICZOOM Group, Taoping, OMNIQ, and BTCS were the losers, with their stock prices falling between 4.4% and 10.4%.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:31 pm

In Monday's after-market session, 12 Information Technology stocks showed notable movements. Gainers included X3 Holdings, EMCORE, BTCS, Quantum Computing, Presto Automation, and Auddia, with increases ranging from 3.38% to 5.0%. Losers were UTime, T Stamp, Maxeon Solar Technologies, DatChat, Allegro Microsystems, and One Stop Systems, with declines between 4.4% and 16.7%.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 8:31 pm

Several Information Technology stocks showed significant movement in Monday's intraday session. Notable gainers include Intellicheck, Cleanspark, Research Frontiers, MicroStrategy, BTCS, and Astera Labs, with Intellicheck and BTCS releasing their Q4 earnings recently. Astera Labs also released its Q2 earnings. On the downside, Aehr Test Systems, Rubicon Technologies, Formula Systems, Aurora Mobile, SEALSQ, and MMTEC experienced declines, with Formula Systems' Q4 earnings report impacting its stock.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 5:30 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on BTCS (NASDAQ:BTCS) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 10:10 am

BTCS reported a significant improvement in its FY23 financial results with EPS of $0.55 compared to $(1.25) in FY22. Revenue declined 20% YoY to $1.34M from $1.69M, attributed to lower crypto prices in early 2022. However, Q4 2023 saw a 20% revenue increase due to a surge in crypto market prices. Net income turned positive to $7.8M from a $15.9M loss in FY22, largely due to new accounting standards. The company's cash and crypto value rose to $36.5M as of March 19, 2024, benefiting from the ongoing crypto rally.

Portfolio Pulse from Happy Mohamed

March 22, 2024 | 12:34 pm

BTCS Inc. has filed for a mixed shelf offering with the SEC, allowing it to raise up to $250 million. This move could provide the company with financial flexibility for future growth, acquisitions, or debt management.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:10 pm

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