Silver Spring, MD – (January 22, 2025) – BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, today highlights a significant issue impacting its ability to communicate transparently with its investors. Yahoo Finance, one of the largest financial media platforms catering to retail investors, has implemented a policy that prohibits crypto-related press releases, including updates from public companies like BTCS.
Official response from GlobeNewswire regarding Yahoo Finance’s policy:
“Unfortunately, Yahoo Finance maintains a policy of not publishing crypto-related news or announcements. This policy is consistent across the industry and applies to all crypto-focused topics, including blockchain-related events such as the fireside chat described in this release.”
Yahoo Finance hosts a designated section for press releases, leading investors to expect timely updates from publicly traded companies. However, their undisclosed policy of excluding crypto-related content raises serious concerns. The lack of transparency surrounding this policy not only undermines the expectations of retail investors but also potentially creates an information gap for stakeholders who rely on Yahoo Finance for comprehensive market insights. While the platform lists cryptocurrency prices under its “Markets” section, it paradoxically censors crypto-related company updates—a contradiction that hinders informed investment decisions.
Impact on BTCS and Broader Industry
This restriction silences critical updates from BTCS and other crypto-focused companies, preventing retail investors from accessing timely and relevant information about their investments. Meanwhile, Yahoo Finance allows and readily displays negative content from external, non-company sources about individual crypto companies. The censorship impacts not just BTCS but the broader ecosystem of crypto companies striving for transparency in the public markets.
“We believe this policy is a disservice to investors,” stated Charles Allen, CEO of BTCS. “Retail shareholders have the right to receive company updates through the platforms they trust. Yahoo Finance’s actions may inadvertently harm investors by stifling transparency.”
If you are an investor interested in updates from any of the following companies representing approximately $212 billion in aggregate market capitalization, we strongly urge you to lodge complaints with Yahoo Finance, cancel your accounts, and discontinue using their services. Instead, explore alternative platforms, such as Google Finance, that support transparent communication and unbiased access to information.
List of Banned Companies
Company | Market Cap |
Microstrategy Incorporated (Nasdaq: MSTR) | $95 billion |
Coinbase Global, Inc. (Nasdaq: COIN) | $74 billion |
Galaxy Digital Holdings Ltd. (TSX: GLXY) | $10.7 billion |
Mara Holdings, Inc. (Nasdaq: MARA) | $6.8 billion |
Riot Platforms, Inc. (Nasdaq: RIOT) | $4.8 billion |
Bitdeer Technologies Group (Nasdaq: BTDR) | $4 billion |
Cleanspark, Inc. (Nasdaq: CLSK) | $3.5 billion |
HUT 8 Corp. (Nasdaq: HUT) | $2.7 billion |
Iren Limited (Nasdaq: IREN) | $2.3 billion |
Terawulf Inc. (Nasdaq: WULF) | $ 2.4 billion |
Cipher Mining Inc. (Nasdaq: CIFR) | $1.9 billion |
Bitfarms LTD. (TSX: BITF) | $1.1 billion |
BitFuFu Inc (Nasdaq: FUFU) | $830 million |
Canaan Inc (Nasdaq: CAN) | $637 million |
Bit Digital, INC (Nasdaq: BTBT) | $554 million |
DMG Blockchain Solutions Inc (TSX: DMGI.V) | $72 million |
Stronghold Digital Mining, Inc. (Nasdaq: SDIG) | $69 million |
BTCS Inc. (Nasdaq: BTCS) | $66 million |
BTC Digital Ltd. (Nasdaq: BTCT) | $44 million |
Argo Blockchain PLC (Nasdaq: ARBK) | $39 million |
Ebang International Holdings Inc. (Nasdaq: EBON) | $40 million |
Mawson Infrastructure Group Inc. (Nasdaq: MIGI) | $17 million |
Total | $212 Billion |
Speculation on Regulatory Influence
The timing of this policy raises questions about potential external pressures influencing such decisions. Speculation about “Choke Point 2.0” and heightened government scrutiny of the crypto industry cannot be dismissed, though no direct evidence links regulatory agencies to Yahoo Finance’s decision.
BTCS remains committed to fostering transparency and providing shareholders with timely updates through all available channels. Investors are encouraged to follow the Company’s official communications on its website (www.btcs.com) and on X at @NasdaqBTCS.
About BTCS:
BTCS Inc. (Nasdaq: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its Ethereum blockchain infrastructure operations. BTCS has honed its expertise in Ethereum 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 www.btcs.com.
BTCS Investor Relations:
Charles Allen – CEO
X (formerly Twitter): @Charles_BTCS
Email: [email protected]