---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-023378"
form_type: "8-K"
ticker: "BTCS"
cik: "0001436229"
company_name: "BTCS Inc."
filed_at: "2026-05-15T12:30:38+00:00"
generated_at: "2026-05-15T12:35:31.973812+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BTCS Q1 2026 revenue $2.1M, gross profit $1.0M (47% margin), net loss $69.1M

## Summary
- Revenue up 27% YoY to $2.1M; gross profit up 745% to $1.0M at 47% margin.
- DeFi segment Imperium contributed $1.0M revenue, 47% of total, driving margin expansion.
- Net loss of $69.1M includes $35.7M unrealized and $29.3M realized losses on digital assets.
- Reduced gross debt by $18.2M to $74.8M; no ATM sales during quarter.
- Company reaffirms 2026 gross profit target of $6M as Imperium scales.

## SEC filing metadata
- accession: 0001493152-26-023378
- form_type: 8-K
- ticker: BTCS
- cik: 0001436229
- company_name: BTCS Inc.
- filed_at: 2026-05-15T12:30:38+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436229/000149315226023378/0001493152-26-023378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436229/000149315226023378/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-023378
- JSON: https://secwatch.observer/filing/0001493152-26-023378.json
- Plain text: https://secwatch.observer/filing/0001493152-26-023378.txt

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