Manish Paranjape
On February 3, 2025, Mr. Manish Paranjape resigned as Chief Technology Officer of BTCS Inc.
Highest-materiality recent filing
BTCS repays $8.7M Aave debt; shareholders re-elect directors, approve equity plan amendments
Repaid $8.7M principal on Aave borrowing; remaining debt ~$35.7M including accrued interest.
BTCS reduces stockholder quorum requirement from majority to 33.3%
Board approved amendment to Bylaws on May 29, 2026, lowering quorum to 33.3% of voting power.
BTCS Q1 2026 revenue $2.1M, gross profit $1.0M (47% margin), net loss $69.1M
Revenue up 27% YoY to $2.1M; gross profit up 745% to $1.0M at 47% margin.
BTCS Inc. dismisses RBSM LLP and appoints Forvis Mazars, LLP as new independent auditor
RBSM LLP dismissed as independent auditor on March 30, 2026; reports for 2024 and 2025 had no adverse opinions or qualifications.
BTCS reports record $16.5M revenue in FY 2025, up 305% YoY; launches Imperium DeFi segment
Revenue $16.5M vs $4.1M in 2024; blockchain infrastructure revenue $15.2M (92% of total).
BTCS revises 2026 annual incentive program; adds gross profit metric at 50% weight
Board approved revised 2026 annual performance milestones for executives and employees.
BTCS issues investor presentation for FY2025; no specific figures in 8-K text
Investor presentation for year ended Dec 31, 2025 furnished as Exhibit 99.1.
BTCS sells 10,000 ETH for $18.7M to repay Aave debt; remaining debt $43.8M
Sold 10,000 ETH for $18.7M net proceeds on Feb. 5, 2026 to reduce leverage.
BTCS preannounces record 2025 revenue of ~$16M, up 290% YoY, ETH holdings >70,500
Full-year 2025 unaudited revenue ~$16M, a 290% increase from ~$4M in 2024.
BTCS boosts exec salaries, sets 2026 revenue target of $20M, grants long-term RSUs
CEO base salary raised to $600K (from $449K); CFO to $350K; Ben Hunter promoted to CTO at $350K.
BTCS Q3 revenue $4.94M (+568% YoY); net income $65.59M; ETH holdings 70,322
Q3 2025 revenue $4.94M, up 568% YoY and 78% QoQ; nine-month revenue $9.40M (+437% YoY).
BTCS Inc. announces $50 million share repurchase program over three years
Board approved repurchase of up to $50 million of common stock over three years, subject to conditions.
BTCS declares $0.05/share Ethereum Bividend; $0.35 loyalty payment in ETH for long-term holders
Dividend of $0.05 per share payable in cash or Ethereum (Bividend); record date September 26, 2025.
BTCS Inc. Reports Satisfaction of Market Cap Vesting Condition for Long-Term Incentive Awards
On August 7, 2025, the compensation committee determined that the market capitalization vesting condition for certain LTIP awards was satisfied.
BTCS achieves $75M liquidity milestone; grants 250,845 options to CEO and CFO
Cash and crypto balance exceeded $75M for 20 consecutive days, triggering the highest liquidity milestone tier under the 2025 Annual Incentive Plan.
BTCS files legal opinion for ATM share issuance; no new financial details
Filed Exhibit 5.1 legal opinion from Nason Yeager regarding validity of shares under existing ATM program.
BTCS closes $10M convertible note issuance; ETH reserves reach 70,028 worth $270M
Closed $10M in 5% senior secured convertible notes at $13 conversion price, a 198% premium to July 18 close.
BTCS issues $10M convertible notes at 198% premium; ETH+cash assets now $242M
Issues $10.05M principal 5% OID secured convertible notes, convertible at $13/share (198% premium to $6.57 close).
New borrowing of $2.34M USDT from AAVE protocol; total AAVE debt now $17.8M, collateralized by 16,232 ETH ($49.1M).
BTCS borrows additional $10.97M from AAVE; ETH holdings rise 221% to 29,122
Borrowed $10.97M USDT from AAVE (total $15.5M), collateralized by 14,280 ETH (~$42.8M), variable rate ~5.4%.
BTCS secures MetaMask order flow; anticipates all-time record Q2 revenue
Block builder surpassed 2.7% Ethereum market share in Q2, qualifying for direct MetaMask order flow on July 1.
BTCS borrows $2.5M via AAVE to acquire 1,000 ETH; total ETH holdings increase 61% to 14,600
Borrowed additional $2.5M USDT from AAVE, total borrowings $4M collateralized by 3,900 ETH (~$9.85M).
BTCS shareholders reelect all five directors, ratify auditor, approve say-on-pay
All five nominees elected: Allen, Handerhan, Lee, Pump, DeSimone each received >7.6M votes for; ~5.9M broker non-votes.
Acquired 3,450 ETH between Apr 1 and May 16, 2025 for aggregate $8.42M, avg price $2,441.
BTCS issues $7.81M convertible notes, 5% OID, warrants at $2.75, CEO invests $95K
Aggregate principal $7,810,526; purchase price $7,420,000 reflecting 5% original issue discount.
BTCS borrows $320k USDT on AAVE, collateralized by 446 ETH, to expand staking
Borrowed $320,000 USDT from AAVE, collateralized by 446 ETH valued at ~$780k (ETH ~$1,750).
BTCS files 8-K referencing updated corporate presentation; no details provided
Filing under Item 7.01 announces updated corporate presentation posted on www.btcs.com.
BTCS discloses crypto asset fair market value of ~$36M as of Dec 31, 2024
Fair market value of crypto assets was approximately $36 million as of December 31, 2024.
BTCS CTO Manish Paranjape resigns effective February 3, 2025
Manish Paranjape resigned as Chief Technology Officer on February 3, 2025.
BTCS FY2024 revenue surpassed $3.71M milestone, up 177% YoY; sets 2025 targets up to $20M
Unaudited FY2024 revenue exceeded $3,712,500, a 177% gain from FY2023.
BTCS sets 2025 performance milestones with revenue target up to $20M; CFO salary raised to $260K
2024 performance payouts: cash $200,307 total; COO Handerhan receives $94,676, CFO Prevoznik $52,815, CTO Paranjape $52,815.
BTCS designates Twitter accounts and website as official disclosure channels
Company will use @NasdaqBTCS and CEO @Charles_BTCS on X for material information.
BTCS issues 347,970 restricted shares to 9 directors/officers to preserve cash amid SEC delays
All 9 employees, directors, and officers elected to receive part of compensation as restricted stock, reducing cash payable by $330k.
BTCS updates corporate investor presentation; specific contents not available in filing text
Updated investor presentation made available on company website (btcs.com) as of September 6, 2024.
Elected five directors: Charles Allen, Michal Handerhan, Charles Lee, Melanie Pump, Ashley DeSimone – all with >7.9M votes.
BTCS launches ChainQ, AI-powered blockchain analytics platform, initial beta with Cosmos data
ChainQ uses generative AI for natural language queries on indexed blockchain data from BTCS's infrastructure.
BTCS postpones 2024 annual shareholder meeting to September 6 to obtain additional votes
Annual meeting postponed from original date to September 6, 2024, as announced July 8.
BTCS amends bylaws to align with Nevada law; proxy validity to 6 months
Board approved Amended and Restated Bylaws effective July 3, 2024, aligning with Nevada Revised Statutes.
BTCS appoints Ashley DeSimone to board; she will chair Nominating Committee
Ashley DeSimone appointed to BTCS board effective April 15, 2024; also named Chair of Nominating Committee and member of Audit/Compensation Committees.
SEC subpoenas BTCS CFO for testimony in investigation
CFO Michael Prevoznik received SEC subpoena on March 21, 2024 for testimony in investigation titled 'In the Matter of BTCS, Inc. (FL-0436)'.
Director Carol Van Cleef resigns effective Jan 31, 2024 for new role
Carol Van Cleef notified resignation on Jan 26, 2024; effective Jan 31, 2024.
BTCS reports $26.7M crypto/cash, expects FY23 net income >$6M on early adopt of FASB fair value rule
Fair value of crypto and cash $26.7M as of Dec 31, 2023 (up 82% YoY); crypto $25.2M, cash $1.5M.
BTCS reallocates 100K declined RSUs to two executives; each gets 50K vesting over 5 years
CEO Charles Allen and COO Michal Handerhan declined 50,000 RSUs each granted Jan 1, 2024.
BTCS awards FY2023 stock bonuses, RSUs, and 4.5% salary increases to executives
Performance bonuses paid in 370,928 net shares; CEO Charles Allen received 217,699 shares.
On February 3, 2025, Mr. Manish Paranjape resigned as Chief Technology Officer of BTCS Inc.
On April 15, 2024, the Board of Directors (the “Board”) of BTCS Inc. (the “Company”) appointed Ashley DeSimone as a member of the Board.
On January 26, 2024, Ms. Carol Van Cleef notified BTCS Inc. (the “Company”) of her resignation as a director effective January 31, 2024.
Max materiality 0.80 · Median 0.60 · Most common event other_material