# Btcs Inc. (BTCS)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $39M  
**Price:** $1.18 (+1.72%)

> BTCS Inc. is a blockchain technology company that provides blockchain infrastructure services in the United States. It operates a network of cloud-based validator nodes essential for proof-of-stake and delegated proof-of-stake blockchain ecosystems, including Ethereum, Cosmos, Kava, Akash, and Avalanche. The company offers Builder+, an Ethereum block-building operation that uses algorithms to assemble high-value blocks by prioritizing transactions with the highest gas fees while minimizing validator payments. NodeOps provides staking-as-a-service, enabling third-party delegations to BTCS nodes for transaction validation and block proposals, generating native token rewards. Additionally, BTCS delivers ChainQ, an AI-powered blockchain data and analytics platform, along with custody and key storage products. These services support scalable revenue through crypto asset staking and network participation, positioning BTCS as a key player in advancing blockchain infrastructure. Founded in 2013 and headquartered in Silver Spring, Maryland, BTCS Inc. focuses on Ethereum accumulation and innovative operations in the blockchain sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $16M | $2M | -$6M | -$33M | $-1.00 |
| 2024 | $4M | $946,009 | -$8M | -$1M | $-0.08 |
| 2023 | $1M | $979,850 | -$4M | $8M | $0.55 |
| 2022 | $2M | $1M | -$5M | -$16M | $-1.25 |
| 2021 | $1M | $944,938 | -$17M | -$16M | $-3.09 |
| 2020 | — | — | -$2M | -$3M | $-0.86 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $215M | $75M | $139M | $2M | $12M |
| 2024 | $38M | $4M | $34M | $2M | — |
| 2023 | $27M | $980,900 | $26M | $1M | — |
| 2022 | $10M | $586,412 | $9M | $2M | — |
| 2021 | $14M | $2M | $12M | $1M | — |
| 2020 | $2M | $508,605 | $1M | $524,135 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$35M | -$11,009 | -$10M |
| 2024 | $138,613 | -$2,648 | -$4M |
| 2023 | $8M | -$4,372 | -$4M |
| 2022 | -$12M | -$5,408 | -$782,185 |
| 2021 | -$2M | -$10,491 | -$5M |
| 2020 | -$3M | — | -$3M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BTCS)