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 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 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 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 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 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 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 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.
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)'.
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.
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