---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-022605"
form_type: "8-K"
ticker: "BTCS"
cik: "0001436229"
company_name: "BTCS Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:49:53.282549+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BTCS Q3 revenue $4.94M (+568% YoY); net income $65.59M; ETH holdings 70,322

## Summary
- Q3 2025 revenue $4.94M, up 568% YoY and 78% QoQ; nine-month revenue $9.40M (+437% YoY).
- Net income $65.59M vs prior-year loss $9.04M; driven by $73.72M unrealized gains on Ethereum.
- ETH holdings rose 380% QoQ to 70,322 ETH, valued at $291.58M as of Sept 30, 2025.
- Launched Imperium DeFi business and integrated Aave; Builder+ revenue $3.36M (+730% YoY).
- Repurchased ~$4M of stock at avg $4.50/share (15% below ATM avg) under $50M buyback program.

## SEC filing metadata
- accession: 0001493152-25-022605
- form_type: 8-K
- ticker: BTCS
- cik: 0001436229
- company_name: BTCS Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436229/000149315225022605/0001493152-25-022605-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436229/000149315225022605/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-022605
- JSON: https://secwatch.observer/filing/0001493152-25-022605.json
- Plain text: https://secwatch.observer/filing/0001493152-25-022605.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.