# BTCS Inc.: overview

BTCS · Nasdaq · CIK 1436229 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/btcs.md) · [Financials](/companies/btcs/financials.md) · [Filings](/companies/btcs/filings.md) · [Insiders](/companies/btcs/insiders.md)

Latest reported revenue: [$2.4m](/filings/0001493152-26-039249.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 19, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-039249).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [739](/filings/0001493152-25-022359.md) | [2,322 d](/filings/0001493152-26-012916.md) | [1,689](/filings/0001493152-26-023129.md) | [2,776](/filings/0001493152-26-039249.md) | [4,939](/filings/0001493152-25-022359.md) | [7,088 d](/filings/0001493152-26-012916.md) | [2,147](/filings/0001493152-26-023129.md) | [2,446](/filings/0001493152-26-039249.md) |
| Gross margin | % | [26.5%](/filings/0001493152-25-022359.md) | [2.9% d](/filings/0001493152-26-012916.md) | [7.1%](/filings/0001493152-26-023129.md) | [(2.8%)](/filings/0001493152-26-039249.md) | [22.0%](/filings/0001493152-25-022359.md) | [12.4% d](/filings/0001493152-26-012916.md) | [47.2%](/filings/0001493152-26-023129.md) | [61.1%](/filings/0001493152-26-039249.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(1223.0%)](/filings/0001493152-25-022359.md) | [96.5% d](/filings/0001493152-26-012916.md) | [(1022.5%)](/filings/0001493152-26-023129.md) | [139.8%](/filings/0001493152-26-039249.md) | [1328.1%](/filings/0001493152-25-022359.md) | [(1207.0%) d](/filings/0001493152-26-012916.md) | [(3220.9%)](/filings/0001493152-26-023129.md) | [(1426.7%)](/filings/0001493152-26-039249.md) |
| Diluted EPS | $ per share | [(0.56)](/filings/0001493152-25-022359.md) | not reported | [(0.86)](/filings/0001493152-26-023129.md) | [0.14](/filings/0001493152-26-039249.md) | [1.30](/filings/0001493152-25-022359.md) | not reported | [(1.43)](/filings/0001493152-26-023129.md) | [(0.70)](/filings/0001493152-26-039249.md) |
| Free cash flow | $k | not reported | not reported | [(1,904)](/filings/0001493152-26-023129.md) | [(1,333) d](/filings/0001493152-26-039249.md) | [(2,802) d](/filings/0001493152-25-022359.md) | [(3,757) d](/filings/0001493152-26-012916.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1.2](/filings/0001493152-23-010331.md) | [1.7](/filings/0001493152-24-010797.md) | [1.3](/filings/0001493152-25-010973.md) | [4.1](/filings/0001493152-26-012916.md) | [16.5](/filings/0001493152-26-012916.md) |
| Gross margin | % | [77.9%](/filings/0001493152-23-010331.md) | [74.8%](/filings/0001493152-24-010797.md) | [73.1%](/filings/0001493152-25-010973.md) | [23.2%](/filings/0001493152-26-012916.md) | [12.2%](/filings/0001493152-26-012916.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(1322.8%)](/filings/0001493152-23-010331.md) | [(939.0%)](/filings/0001493152-24-010797.md) | [583.6%](/filings/0001493152-25-010973.md) | [(31.2%)](/filings/0001493152-26-012916.md) | [(202.2%)](/filings/0001493152-26-012916.md) |
| Diluted EPS | $ per share | [(3.09)](/filings/0001493152-22-006666.md) | [(1.25)](/filings/0001493152-24-010797.md) | [0.45](/filings/0001493152-25-010973.md) | [(0.08)](/filings/0001493152-26-012916.md) | [(1.00)](/filings/0001493152-26-012916.md) |
| Free cash flow | $m | [(4.9)](/filings/0001493152-23-010331.md) | [(0.8)](/filings/0001493152-24-010797.md) | [(3.6)](/filings/0001493152-25-010973.md) | [(3.5)](/filings/0001493152-26-012916.md) | [(9.8)](/filings/0001493152-26-012916.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/btcs/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.5m | 1,362,751 |  | Reduced −415,282 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $1.3m | 1,128,350 |  | Added +663,721 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $1.2m | 1,058,530 |  | Added +1,430 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $858.1k | 773,051 |  | Added +15,562 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $695.0k | 626,136 |  | Added +120,409 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $580.1k | 522,653 |  | Added +239,762 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $480.2k | 432,434 |  | Reduced −658,564 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $387.2k | 348,795 |  | Reduced −9,087 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $289.8k | 261,081 |  | Added +45,709 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $177.6k | 160,000 |  | Reduced −2,369,595 |

## Recent filings

[All 687 filings](/companies/btcs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-25 | 08:30 ET | [8-K](/filings/0001493152-26-039970.md) | 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001493152-26-039970 |
| 2026-08-20 | 08:30 ET | [8-K](/filings/0001493152-26-039377.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-039377 |
| 2026-08-19 | 17:00 ET | [10-Q](/filings/0001493152-26-039249.md) | Quarterly report, period 2026-06-30 | 0001493152-26-039249 |
| 2026-07-01 | 08:30 ET | [8-K](/filings/0001493152-26-031440.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-031440 |
| 2026-06-09 | 17:48 ET | [8-K](/filings/0001493152-26-027779.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-027779 |
| 2026-06-01 | 09:29 ET | [8-K](/filings/0001493152-26-026548.md) | 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001493152-26-026548 |
| 2026-05-15 | 08:30 ET | [8-K](/filings/0001493152-26-023378.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-023378 |
| 2026-05-14 | 16:31 ET | [10-Q](/filings/0001493152-26-023129.md) | Quarterly report, period 2026-03-31 | 0001493152-26-023129 |
| 2026-04-15 | 16:30 ET | [DEF 14A](/filings/0001493152-26-016836.md) | Proxy statement, period 2026-04-15 | 0001493152-26-016836 |
| 2026-03-31 | 08:00 ET | [8-K](/filings/0001493152-26-013812.md) | 4.01 Change of auditor; 9.01 Financial statements and exhibits | 0001493152-26-013812 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-012916.md), filed Mar 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/6f8f2154-4822-42b8-8dfb-b2004a8fac28)

## About the filer

- CIK: 1436229
- Tickers: BTCS
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 08:01 ET. No prices; not investment advice.
