BTCS BTCS INC

BTCS Inc. Acquires 3,450 Ether (ETH) for $8.42M, Expanding Ethereum Holdings to 12,500 ETH

Silver Spring, Maryland--(Newsfile Corp. - May 20, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced the acquisition of 3,450 Ether (ETH) for approximately $8.42 million, using from recent . The purchases were made at an average price of $2,441 per ETH.

As of May 16, 2025, BTCS holds approximately 12,500 ETH, up from 9,063 ETH at the end of Q1 2025-an increase of approximately 38%. This growth contributed to the fair market value of the Company's total cryptocurrency holdings and cash reaching approximately $38.42 million, representing an 88% increase since the start Q2 2025.

"Ethereum remains at the core of our blockchain infrastructure strategy," said Charles Allen, Chief Executive Officer of BTCS. "By expanding our ETH position, we are strengthening the foundation that allows us to scale validator operations, grow staking revenue, and drive long-term value for shareholders."

About BTCS:

BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting .

Forward-Looking Statements:

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding investment opportunities from Ethereum, growing staking revenue, and driving long-term value for shareholders. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues (including, but not limited to, potential SEC enforcement actions, regulatory changes affecting DeFi protocols, and state regulatory requirements), cybersecurity risks, technological challenges, market adoption risks, changes in blockchain protocols, continued volatility in the cryptocurrency markets, smart contract risks, liquidation risks associated with DeFi borrowing, and other risks inherent to blockchain technology and cryptocurrency operations, as well as risks set forth in the Company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law.

For more information follow us on:
Twitter:
LinkedIn:
Facebook:

Investor Relations:
Charles Allen - CEO
X (formerly Twitter):
Email:

To view the source version of this press release, please visit

EN
20/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on BTCS INC

 PRESS RELEASE

BTCS Preannounces Record Revenue for 2025 and Issues Annual Shareholde...

BTCS Preannounces Record Revenue for 2025 and Issues Annual Shareholder Letter Delivered record full-year unaudited revenue of approximately $16 million, a 290% increase Grew total assets by approximately 600% year over year and increased Ethereum holdings to more than 70,500 ETH as of December 31, 2025 WAYNE, Pa., Jan. 07, 2026 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced preliminary financial results for the full year ending December 31, 2025 and iss...

 PRESS RELEASE

BTCS to Host Virtual Fireside Chat on December 16th

BTCS to Host Virtual Fireside Chat on December 16th WAYNE, Pa., Dec. 08, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced that it will host a virtual fireside chat on Tuesday, December 16, 2025, at 11:00 a.m. ET. Charles Allen, CEO of BTCS, will provide an update on the Company’s recent progress following the release of its Q3 2025 earnings. Mr. Allen plans to highlight BTCS’s Ethereum-first growth strategy, including the launch of its new Imperium bus...

 PRESS RELEASE

BTCS Reports Record Revenue for the Third Quarter 2025

BTCS Reports Record Revenue for the Third Quarter 2025 Revenue Increases 568% Year-over-Year and 78% Sequentially to $4.94 Million Q3 2025 Net Income Reaches $65.59 Million Driven by Ethereum Accumulation ETH Holdings Increased to 70,322, Valued at $291.58 Million as of 9/30/25Launched Imperium and Successfully Integrated Aave to Extend BTCS’ Ethereum-First Strategy into Decentralized Finance WAYNE, Pa., Nov. 14, 2025 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, toda...

 PRESS RELEASE

BTCS to Participate in Upcoming November Conferences

BTCS to Participate in Upcoming November Conferences WAYNE, Pa., Nov. 03, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced that management will be participating in the following November 2025 investor conferences. Blockchain FuturistDates: November 5-6, 2025Location: DAER + The Hard Rock Guitar Hotel & Casino, Miami, FL Cantor Crypto ConferenceDates: November 10-12, 2025Location: The Ritz-Carlton South Beach, Miami, FL The Premier On-Chain Yield & Staking Co...

 PRESS RELEASE

BTCS to Participate in Water Tower Fireside Chat on Thursday, October ...

BTCS to Participate in Water Tower Fireside Chat on Thursday, October 9, 2025 WAYNE, Pa., Oct. 08, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, short for Blockchain Technology Consensus Solutions, today announced that Charles Allen, Chairman and CEO, will participate in the upcoming Water Tower Research Fireside Chat Series taking place Thursday, October 9, 2025, at 1:00 p.m. Eastern Time. The Fireside Chat will be hosted by Dr. John Roy, Managing Director – Technology at Water Tower Research, and will cover the following to...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch