BTCS issues 347,970 restricted shares to 9 directors/officers to preserve cash amid SEC delays

BTCS Inc.

All 9 employees, directors, and officers elected to receive part of compensation as restricted stock, reducing cash payable by $330k.
Shares issued at 20% discount to closing price, subject to 6-month holding period under Rule 144.
Company cites over 4-month SEC review delay on comment letter as hindering capital raising ability.
Compensation plan allows up to three months of cash compensation in advance as equity to avoid unstaking crypto.

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