other material
confidence high
sentiment neutral
materiality 0.25
BTCS sets 2025 performance milestones with revenue target up to $20M; CFO salary raised to $260K
BTCS Inc.
- 2024 performance payouts: cash $200,307 total; COO Handerhan receives $94,676, CFO Prevoznik $52,815, CTO Paranjape $52,815.
- Restricted stock issuances: 286,199 net shares vested; CEO Allen zero; Handerhan 119,591; Prevoznik 45,439; Paranjape 121,169.
- Stock options granted: 1,234,795 total; CEO Allen 841,842 options at $2.47 exercise price, 7-year term.
- 2025 milestones: revenue (75% weight) threshold $4M, target $8M, cutoff $20M; cash & crypto (25%) threshold $39M, target $60M, cutoff $75M.
- CFO Michael Prevoznik's annual base salary increased from ~$246,000 to $260,000.