BTCS - NASDAQ
BTCS Inc.
$1.36
-14%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.
At a Glance
Live SnapshotBTCS Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
BTCS Inc. Income Statement
BTCS • NASDAQ
| BTCS Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||||
16.5M | 4.1M | 1.3M | 1.7M | 1.2M | 0.0 | 0.0 | 0.0 | 4.5K | 355.2K | 506.2K | 38.2K | 1.6M | 1.3M | 1.6M | 3.6M | 0.0 | |
GROSS PROFIT | |||||||||||||||||
(14.5M) | (3.1M) | (359.8K) | (426.4K) | (268.3K) | (0.0) | (1.4K) | (0.0) | (160.0) | (263.9K) | (290.1K) | (6.7K) | (1.1M) | (885K) | (1.3M) | (2.5M) | (0.0) | |
2M | 946K | 979.9K | 1.3M | 944.9K | 0.0 | -1.4K | 0.0 | 4.3K | 91.3K | 216.1K | 31.5K | 499.4K | 402.7K | 254.6K | 1.1M | 0.0 | |
OPERATING INCOME | |||||||||||||||||
(8M) | (9.1M) | (4.7M) | (5.9M) | (18.1M) | (2M) | (1.4M) | (990.2K) | (1.6M) | (1.3M) | (8.4M) | (14.3M) | (410.7K) | (388.9K) | (895.4K) | (983.4K) | (42.8K) | |
(3.8M) | (8.4M) | (4M) | (5.3M) | (17.4M) | (1.9M) | (1.4M) | (990.2K) | (1.6M) | (1.1M) | (8.4M) | (14.3M) | (410.7K) | (388.9K) | (895.4K) | (983.4K) | (42.8K) | |
(679.4K) | (755.8K) | (687.3K) | (611.8K) | (712.7K) | (45.5K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-6M | -8.2M | -3.7M | -4.7M | -17.1M | -2M | -1.4M | -990.2K | -864.8K | -1.5M | -8.2M | -15M | 88.7K | 13.8K | -640.8K | 92.5K | -42.8K | |
PRE-TAX INCOME | |||||||||||||||||
(3.5M) | (0.0) | (0.0) | (0.0) | (2.1M) | (402.7K) | (86.1K) | (0.0) | (44.2M) | (7.4K) | (11.9K) | (472.8K) | (0.0) | (0.0) | (0.0) | (32.4K) | (0.0) | |
-3.5M | 0.0 | 0.0 | 0.0 | -2.1M | -402.7K | 0.0 | 0.0 | 0.0 | -7.4K | -11.9K | 0.0 | 0.0 | 0.0 | 0.0 | -8.3K | 0.0 | |
(3.5M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -20.2M | (1.9M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-27.4M | 6.9M | 11.5M | -11.2M | 1.1M | -569.8K | -208.2K | 163.7K | -43.9M | -42.8M | -1.8M | -195K | 0.0 | 4.3K | 254.2K | -32.4K | 0.0 | |
-33.4M | -1.3M | 7.8M | -15.9M | -16M | -2.6M | -1.6M | -826.4K | -45.1M | -44.3M | -10M | -14.8M | 88.7K | 18.1K | -346.7K | 60.1K | -42.8K | |
NET INCOME | |||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (24M) | (0.0) | (0.0) | (945.5K) | (0.0) | -8.6K | -294.2K | (11.4K) | (0.0) | |
-33.4M | -1.3M | 7.8M | -15.9M | -16M | -2.6M | -1.7M | -826.4K | -45.1M | -44.3M | -10M | -14.8M | 88.7K | 18.1K | -346.7K | 105.1K | -42.8K |
SEC Filings
BTCS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | May 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 14, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 15, 2026 | April 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 31, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 11, 2026 | March 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 06, 2026 | February 05, 2026 | 2026 |
Related Guides
Continue your BTCS research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.