Business
BTCS is a blockchain infrastructure company focused mainly on Ethereum staking, validator nodes, block building, and decentralized finance activities.
BTCS grew FY2025 revenue more than fourfold, but losses and FCF burn worsened while forensic coverage was stale and grey.
The read at a glance✓ Audited against SEC data
- Business mix — Ethereum infrastructure and DeFiNote
- Revenue — $16.5M, +304.8%OK
- Net income — -$33.4MWatch
- FCF — -$9.8MWatch
- Equity — $139.4M, +310.0%OK
- Insiders — 2 purchases / 3 salesNote
- Accounting — Legacy EQ grey; current screens unavailableNote
Where the revenue comes from
Fiscal 2025, as BTCS Inc. reports it. History and quarterly detail are in the app.
- Blockchain Infrastructure Revenues$15.2M
- Builder Plus$13.1M
- Node Ops$2.1M
- De Fi Revenues$1.3M
- Imperium$1.3M
Leadership changes
From BTCS Inc.'s own filings, the day they're filed.
- Chris Janis · director · appointmenteff. 2026-07-01
- Ashley DeSimone · director · appointmenteff. 2024-04-15
- Carol Van Cleef · director · departureeff. 2024-01-31
Latest filings
- 8-K · Company announcement2026-08-25
- 8-K · Company announcement2026-08-20
- 10-Q · Quarterly report2026-08-19
- 8-K · Company announcement2026-07-01
- 8-K · Company announcement2026-06-09
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BTCS Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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