We secure and power disruptive next generation blockchains.

Next generation blockchains are disrupting the future of finance and beyond.

About Us

BTCS is an early mover in the blockchain and digital currency ecosystems and the first “Pure Play” U.S. publicly traded company focused on blockchain infrastructure and technology. BTCS powers the infrastructure to secure certain blockchains and is actively developing software to capitalize on the disruptive potential of blockchain technology. In the first quarter of 2021 we began generating revenue by securing ethereum’s proof-of stake beacon blockchain by actively running nodes and plan to secure other disruptive blockchains to accelerate revenue growth. We are also developing a proprietary staking-as-a-service platform to enable users to secure disruptive blockchains and earn rewards. The Company is also developing a proprietary digital asset data analytics platform that allows users to consolidate their crypto trade data from multiple exchanges onto a single platform, enabling users to view and analyze their performance, risk metrics, and potential tax implications. The Company employs a digital asset treasury strategy with a primary focus on disruptive non-security protocol layer assets such as bitcoin and ethereum.

Data Analytics Platform

BTCS has developed a proprietary digital asset data analytics platform which allows users to consolidate their digital assets portfolio holdings data from multiple exchanges on one platform. The analytics platform currently supports the following exchanges: Coinbase, Gemini, Bitstamp, Kraken, Binance.US, Bittrex, and FTX-US. BTCS plans to broaden its suite of performance-tracking tools, add additional centralized and decentralized exchanges, wallets, and offer staking opportunities. The Beta version of the platform is currently open to select testers. Please click the button above to sign up.

Mobile Ready

Blockchain Infrastructure Solutions

BTCS, through its blockchain infrastructure solutions business, processes and validates blockchain transactions and is rewarded with digital assets. We are actively operating nodes on the ethereum 2.0 network and have staked substantially all of our ETH holding. We plan to expand our proof-of-stake (PoS) operations to include other disruptive blockchain protocols. We are not currently securing proof-of-work (PoW) blockchains, such as bitcoin’s blockchain, but may in the future. We are also actively developing a proprietary staking-as-a-service platform to allow users to stake and delegate supported cryptocurrencies through a non-custodial platform. A more detailed description of our blockchain infrastructure solutions business can be found in our SEC filings and in our corporate presentation.

* The above image is for illustration purposes only. BTCS is currently only operating nodes on the ethereum 2.0 network.

Digital Asset Treasury

The Company employs a digital asset treasury strategy with a primary focus on disruptive non-security protocol layer assets such as bitcoin and ethereum. BTCS receives digital assets from its blockchain infrastructure solutions business and acquires digital assets through open market purchases. The Company is not limiting its assets to a single type of digital asset and may hold a variety of digital assets. The fair value of the Company’s digital asset holdings increased over 7,500% year-over-year as of the quarter ended March 31, 2021.

KEENLY FOCUSED ON HIGHLY DISRUPTIVE VERTICALS

* The above image is for illustration purposes only. BTCS currently only holds ETH and BTC.

BTCS DIGITAL ASSET TREASURY HOLDINGS

* Rounded to nearest tenth. ** Rounded to nearest one.

Industry Primer

Blockchains have the potential to completely revolutionize how data is exchanged over worldwide networks. Their potential goes far beyond financial transactions to reach into just about every data exchange on the planet. Blockchains are shared, immutable ledgers for recording transactions, tracking assets and building trust. A blockchain consists of a number of blocks, hence the term. Each block is a record of transactions of specific data, which can contain anything from cryptos to voting records to medical data. When one block is completed and can no longer be updated with new data, it is added to the chain and another, new block, is formed. All the information on a blockchain is publicly available, as it’s a decentralized system, which means that the information is stored on many computers (referred to as nodes) distributed around the globe, and there’s no specific party or authority to control it.

Blockchain in Two Minutes

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Bitcoin Explained

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Proof of Stake

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Staking Cardano

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Management & Board

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Charles Allen
CEO and Chairman of the Board

Charles has been involved in the blockchain industry since its earliest days. Since joining BTCS in 2013, he has leveraged his extensive experience in business strategy, investment banking, and capital markets transactions to develop and lead the Company’s evolving business model. Charles began his career as an engineer in the telecom industry and brings a balance of business and financial leadership as well as technical proficiency to the BTCS team. Prior to joining BTCS he worked domestically and internationally on projects in technology, media, natural resources, logistics, medical services and financial services. Highlights include Managing Director at RK Equity Capital Markets LLC, Managing Director at TriPoint Global Equities, LLC, and Managing Director at Broadband Capital Management LLC, all boutique investment banks focused on advising and raising capital for small and mid size companies. He received a B.S. in Mechanical Engineering from Lehigh University and a M.B.A. from the Mason School of Business at the College of William & Mary.

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Michal Handerhan
COO, Co-Founder and Director

A co-founder of BTCS, Michal supports both our business and research and development strategies, and has played a key role in the Company’s ability to capitalize on the rapidly expanding opportunity in the blockchain space. From February 2011 through February 2014 he served as an independent IT and web services consultant to the National Aeronautics and Space Administration (NASA). From October 2005 until February 2014 Michal was the President and CEO of Meesha Media Group, LLC, which provided high-definition video production services, Web 2.0 development, database management, and social media solutions. From March 2002 through October 2006 he served as a team leader for NASA in their Peer Review Services group. Prior to NASA Peer Review Services Michal served as the web developer for Folio Investments. He received B.S. in Computer Science from Czech Technical University.

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Andrew Lee
CFO

Andrew spent the last five years immersed in blockchain and cryptocurrencies. Prior to blockchain, he worked at a Tiger Cub hedge fund, Merrill Lynch, Lehman Brothers and Apple. Andrew is a graduate of The Wharton School of the University of Pennsylvania.

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David Garrity
Director

David has over 30 years’ experience in the financial services industry. He has held senior roles including CFO and board of director positions for both publicly-held and private companies, and has extensive experience in several disciplines including operating, advisory and research, and is CEO of New York City-based consulting firm, GVA Research. He is President of BTblock, an emerging technology & cybersecurity consultancy firm, and currently serves as the Independent Director of EncrypGen. During 2008 and 2009, David served as CFO and a director at Interclick, Inc., a publicly-held behavioral targeting internet advertising network. From June 2011 to May 2013, he was Chief Financial Officer of Aspen Group, Inc., a publicly-held online for-profit university. From May through October 2013, he was Executive Vice President Corporate Development for Aspen Group, Inc. and from February 2017 through January 2018 he was acting CFO of Mutualink, Inc.

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Charlie Lee
Director

Charlie Lee is the creator of Litecoin and the Managing Director of the Litecoin Foundation. He attended The Massachusetts Institute of Technology where he graduated in 2000 with a Bachelors and Masters degree in Electrical Engineering and Computer Science. Prior to creating Litecoin, Charlie was a Software Engineer at Google. In 2011, he created Litecoin in an effort to improve upon Bitcoin’s high fees, slower transaction times, and scalability issues. Charlie went on to work for Coinbase where he became Director of Engineering before leaving the company in 2017 to focus on supporting the development of Litecoin full time.

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Carol Van Cleef
Director

Carol R. Van Cleef is an internationally recognized authority on and pioneer in legal issues involving cryptocurrencies and blockchain technology, Ms. Van Cleef is Chair of the Blockchain and Digital Assets practice at Bradley Arant Boult Cummings LLP. With a focus on regulatory, compliance, and enforcement matters, Ms. Van Cleef has built a global reputation as a leading attorney, counsellor and problem solver working extensively across the financial services industry and throughout the cryptocurrency and blockchain communities. She represents virtual currency exchanges, blockchain developers, NFT creators and platforms, and various types of financial services and fintech companies. In addition to her legal practice, Ms. Van Cleef serves as CEO of Luminous Group, a blockchain technology, growth advisory and risk management solutions company that also develops and delivers anti-money laundering and sanctions compliance training through the AML Training Institute. She also serves as an advisor to a number of early-stage companies in fintech and blockchain-related technologies. Ms Van Cleef is a graduate of Georgetown University, School of Foreign Service (B.S.F.S) and received a Juris Doctor from the Washington College of Law, American University. She is also a Certified Anti-Money Laundering Specialist (CAMS).

2021+ LEVERAGE 7 YEARS OF BLOCKCHAIN EXPERIENCE

2013
E-Commerce Platform
2013-2014
Digital Currency Ecosystem
Strategic Partnerships
Investments
2015-2018
Bitcoin and Ethereum Mining
2019-2020
Platform Development and Digital Asset Treasury Focus
2021+
Blockchain Infrastructure Solutions, Platform Release, and Treasury Management

SEC Filings

Press Releases

Frequently Asked Questions

U.S. public companies such as BTCS are required to prepare and report their financial statements in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”).  Under U.S. GAAP, non-security digital assets such as bitcoin and ethereum are indefinite life intangible assets and carried at their lowest value since date of acquisition by BTCS.  A more detailed description of our digital asset accounting policies can be found in Note 4 to our most recent annual report. Additionally, PWC’s March 2018 point of view position publication provides an excellent digital asset accounting analysis.

 

U.S. GAAP is a rule-based accounting regime and while it is possible to fit digital assets into the existing accounting model for intangible assets, this model does not best reflect the economics of these unique assets. As such, the reported value of our digital assets on our balance sheet is significantly less than their fair market value (“FMV”) and cannot be increased under U.S. GAAP despite increasing digital asset prices.

 

Given the material discrepancy in value, we have disclosed, and will continue to disclose, the FMV of our digital assets in the MD&A section of our financial reports. Further, on August 28, 2018 in, a response to a SEC registration statement comment letter we urged the SEC to coordinate with the Financial Accounting Standards Board to further revise the accounting guidelines to provide for an updated accounting framework for digital assets.

BTCS year end is December 31st, with quarters ending on March 31st, June 30th, and September 30th.

Equity Stock Transfer LLC, 237 W 37th Street, Suite 602, New York, NY 10018

BTCS has engaged RBSM LLP as its independent registered accounting firm for its fiscal year ending December 31, 2020.

As of October 14, 2021, there were approximately 10.21 million shares of common stock issued and outstanding, 0.96 million warrants to purchase common stock, and 1.28 million stock options and restricted stock units.  The foregoing description of our capitalization does not purport to be complete and is qualified in its entirety by reference to the complete text as set forth in our SEC filings.

BTCS is an early entrant in the Digital Asset market and one of the first U.S. publicly traded companies to be involved with digital assets and blockchain technologies. Please visit the About Us or Operations sections for more information or review our SEC filings.

The Company’s common stock is quoted on The Nasdaq Capital Market and traded under the symbol “BTCS”.

The Company has never declared or paid any dividends on its capital stock.

Dave Gentry, RedChip Companies Inc., [email protected] or [email protected] (407) 491-4498.

Our corporate address is a P.O. box and we do not currently maintain physical office space. Our staff works very effectively remotely, and we believe a distributed work force may allow us to attract better talent in the future as we grow our operations.

Contact Us