BTCS
BTCS Inc.
Company overview
- Market capitalization
- $81.33M
- Employees
- 9
- Latest publication
- 2026-09-29
About BTCS Inc.
BTCS Inc., a blockchain technology company, provides blockchain infrastructure services in the United States. The company operates a network of cloud-based validator nodes that perform validation and consensus-related activities. It also offers Builder+, an Ethereum block-building operation that constructs and submits optimized transaction blocks to validators; and Imperium, through which the company deploys digital assets, including ETH and stablecoins, into contract-based protocols. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Wayne, Pennsylvania.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,446,439USD | 2,147,377USD | 7,088,384USD | 4,938,503USD | 2,772,198USD | 1,688,935USD | 2,321,783USD | 739,157USD |
| Cost Of Revenue | 952,273USD | 1,134,602USD | 6,209,312USD | 3,850,550USD | 2,853,133USD | 1,568,659USD | 2,254,728USD | 543,308USD |
| Gross Profit | 1,494,166USD | 1,012,775USD | 879,072USD | 1,087,953USD | -80,935USD | 120,276USD | 67,055USD | 195,849USD |
| Research Development | 82,056USD | 80,444USD | 131,048USD | 145,592USD | 193,543USD | 209,251USD | 232,155USD | 213,332USD |
| Selling General Administrative | 327,280USD | 538,709USD | 1,761,634USD | 1,497,768USD | 1,453,045USD | 1,246,590USD | 4,383,013USD | 586,926USD |
| Selling And Marketing Expenses | 57,767USD | 27,844USD | 78,258USD | 256,164USD | 22,861USD | 245,172USD | 60,697USD | 55,611USD |
| General And Administrative Expenses | 327,280USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 34,796,263USD | 3,440,192USD | 1,970,940USD | 2,663,329USD | 1,669,449USD | 1,701,013USD | 4,554,471USD | 1,377,385USD |
| Operating Income | -33,302,097USD | -2,427,417USD | -1,091,868USD | -1,575,376USD | -1,750,384USD | -1,580,737USD | -4,487,416USD | -1,181,536USD |
| Total Other Income Expense Net | -1,601,133USD | -66,736,902USD | -84,463,209USD | 67,164,185USD | 5,631,916USD | -15,687,960USD | 6,727,312USD | -7,858,251USD |
| Interest Expense | 1,601,133USD | 1,547,859USD | 1,799,248USD | 1,496,529USD | 221,894USD | 0USD | — | 0USD |
| Net Income | -34,903,230USD | -69,164,319USD | -85,555,077USD | 65,588,809USD | 3,881,532USD | -17,268,697USD | 2,239,896USD | -9,039,787USD |
| Unclassified Operating Expenses | — | 2,793,195USD | — | — | — | — | — | — |
| Net Interest Income | — | -1,547,859USD | -1,799,248USD | -1,496,529USD | -218,325USD | 0USD | — | 0USD |
| Income Before Tax | — | -69,164,319USD | -85,555,077USD | 65,588,809USD | 3,881,532USD | -17,268,697USD | 2,239,896USD | -9,039,787USD |
| Net Income From Continuing Ops | — | -69,164,319USD | -85,555,077USD | 65,588,809USD | 3,881,532USD | -17,268,697USD | 2,239,896USD | -9,039,787USD |
| Ebit | — | -2,427,417USD | -83,755,829USD | -1,575,376USD | 4,103,426USD | -1,580,737USD | -4,487,416USD | -1,602,880USD |
| Ebitda | — | -2,425,880USD | -83,754,455USD | -1,574,461USD | 4,104,325USD | -1,579,858USD | -4,486,202USD | -1,601,395USD |
| Depreciation And Amortization | — | 1,537USD | 1,374USD | 915USD | 899USD | 879USD | 1,214USD | 1,485USD |
| Reconciled Depreciation | — | 1,537USD | 1,374USD | 915USD | 899USD | 879USD | 1,214USD | 1,485USD |
| Interest Income | — | — | — | 0USD | 3,569USD | — | — | 0USD |
| Income Tax Expense | — | — | — | — | — | — | 5USD | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 16,491,584USD | 4,073,518USD | 1,339,628USD | 1,692,454USD | 1,213,284USD | 72,524USD | 0USD | 0USD |
| Cost Of Revenue | 14,481,654USD | 3,127,509USD | 359,778USD | 426,440USD | 268,346USD | 1,114USD | 1,359USD | 0USD |
| Gross Profit | 2,009,930USD | 946,009USD | 979,850USD | 1,266,014USD | 944,938USD | -1,114USD | -1,359USD | 0USD |
| Research Development | 679,434USD | 755,813USD | 687,288USD | 611,758USD | 712,736USD | 45,450USD | — | — |
| Selling General Administrative | 3,219,964USD | 8,270,624USD | 3,993,060USD | 5,229,831USD | 17,173,965USD | 1,934,449USD | 1,422,394USD | 986,525USD |
| Selling And Marketing Expenses | 602,456USD | 80,993USD | 12,153USD | 78,171USD | 180,290USD | 6,350USD | 9,989USD | 3,644USD |
| Unclassified Operating Expenses | 3,498,805USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 8,000,659USD | 9,107,430USD | 4,692,501USD | 5,919,760USD | 18,066,991USD | 1,986,249USD | 1,432,383USD | 990,169USD |
| Operating Income | -5,994,796USD | -8,161,421USD | -3,712,651USD | -4,653,746USD | -17,122,053USD | -1,986,249USD | -1,432,383USD | -990,169USD |
| Interest Expense | 3,517,671USD | 0USD | — | 11,203,367USD | 2,054,799USD | 402,663USD | 86,142USD | 163,749USD |
| Net Interest Income | -3,517,671USD | 0USD | — | -165,452USD | -2,054,799USD | -402,663USD | -86,142USD | — |
| Income Before Tax | -33,353,433USD | -1,271,174USD | 7,818,728USD | -15,857,113USD | -16,049,583USD | -2,556,094USD | -1,640,601USD | -826,420USD |
| Net Income | -33,353,433USD | -1,271,174USD | 7,818,728USD | -15,857,113USD | -16,049,583USD | -2,556,094USD | -1,640,601USD | -826,420USD |
| Net Income From Continuing Ops | -33,353,433USD | -1,271,174USD | -4,433,342USD | -15,857,113USD | -16,049,583USD | -2,556,094USD | -1,640,601USD | -826,420USD |
| Ebit | -5,994,796USD | -8,161,421USD | -3,712,651USD | -4,653,746USD | -13,994,784USD | -2,153,431USD | -1,554,459USD | -990,169USD |
| Ebitda | -5,990,729USD | -8,155,732USD | -3,707,618USD | -4,649,707USD | -13,993,845USD | -2,152,317USD | -1,553,100USD | -989,039USD |
| Depreciation And Amortization | 4,067USD | 5,689USD | 5,033USD | 4,039USD | 939USD | 1,114USD | 1,359USD | 1,130USD |
| Reconciled Depreciation | 4,067USD | 5,689USD | 5,033USD | 4,039USD | 939USD | 1,114USD | 1,359USD | 1,130USD |
| Total Other Income Expense Net | -27,358,637USD | 6,890,247USD | 11,531,379USD | -11,203,367USD | 1,072,470USD | -569,845USD | -208,218USD | 163,749USD |
| Income Tax Expense | — | — | -3USD | 11,203,367USD | 2,054,799USD | 402,663USD | 86,142USD | -327,498USD |
| Net Income Applicable To Common Shares | — | — | — | — | -16,049,583USD | -2,556,094USD | -1,736,309USD | -832,020USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 89,265,270USD | 129,025,504USD | 214,631,822USD | 298,855,352USD | 40,809,558USD | 21,034,648USD | 38,245,389USD | 26,533,148USD |
| Cash And Equivalents | 262,436USD | — | — | — | — | — | — | — |
| Total Current Assets | 88,653,972USD | 128,412,651USD | 214,017,432USD | 298,344,324USD | 40,452,191USD | 20,678,133USD | 38,137,940USD | 26,427,133USD |
| Total Liabilities | 50,416,464USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 43,053,095USD | 44,266,594USD | 63,372,848USD | 62,351,266USD | 4,938,295USD | 476,127USD | 4,245,435USD | 1,337,287USD |
| Total Stockholder Equity | 38,848,806USD | 72,105,867USD | 139,416,779USD | 225,404,497USD | 31,070,165USD | 20,558,521USD | 33,999,954USD | 25,195,861USD |
| Total Equity Including Noncontrolling Interest | 38,848,806USD | — | — | — | — | — | — | — |
| Property Plant Equipment Net | 11,298USD | 12,853USD | 14,390USD | 11,028USD | 7,367USD | 6,515USD | 7,449USD | 6,015USD |
| Accounts Payable | 97,681USD | 17,655USD | 38,525USD | 86,835USD | 102,607USD | 121,314USD | 70,444USD | 266,827USD |
| Common Stock | 49,806USD | 49,775USD | 46,853USD | 47,075USD | 21,969USD | 20,207USD | 18,718USD | 16,555USD |
| Retained Earnings | -277,369,259USD | -242,466,029USD | -173,301,710USD | -87,746,633USD | -153,335,442USD | -157,216,974USD | -139,948,277USD | -142,188,173USD |
| Other Current Assets | — | 128,128,020USD | 212,491,037USD | 293,858,273USD | 228,218USD | 236,036USD | 63,934USD | 384,748USD |
| Total Liab | — | 56,919,637USD | 75,215,043USD | 73,450,855USD | 9,739,393USD | 476,127USD | 4,245,435USD | 1,337,287USD |
| Other Current Liab | — | 470,516USD | 1,834,323USD | 5,764,431USD | 835,688USD | 354,813USD | 4,174,991USD | 1,070,460USD |
| Capital Stock | — | 2,025,476USD | 2,022,554USD | 2,022,776USD | 2,840,240USD | 2,838,478USD | 2,665,032USD | 2,580,493USD |
| Cash | — | 284,631USD | 1,526,395USD | 4,486,051USD | 639,189USD | 269,929USD | 1,977,778USD | 254,466USD |
| Cash And Short Term Investments | — | 284,631USD | 1,526,395USD | 4,486,051USD | 40,067,674USD | 20,442,097USD | 38,074,006USD | 26,042,385USD |
| Net Debt | — | 56,146,835USD | 71,815,800USD | 63,113,538USD | 8,161,909USD | -269,929USD | -1,977,778USD | -254,466USD |
| Short Term Debt | — | 43,778,423USD | 61,500,000USD | 56,500,000USD | 4,000,000USD | — | — | — |
| Short Long Term Debt | — | 43,778,423USD | 61,500,000USD | 56,500,000USD | 4,000,000USD | — | — | — |
| Short Long Term Debt Total | — | 56,431,466USD | 73,342,195USD | 67,599,589USD | 8,801,098USD | — | — | — |
| Long Term Debt | — | 12,653,043USD | 11,842,195USD | 11,099,589USD | 4,801,098USD | — | — | — |
| Long Term Investments | — | 600,000USD | 600,000USD | 500,000USD | 350,000USD | 350,000USD | 100,000USD | 100,000USD |
| Short Term Investments | — | 127,873,909USD | 212,345,006USD | 293,703,571USD | 39,428,485USD | 20,172,168USD | 36,096,228USD | 25,787,919USD |
| Common Stock Shares Outstanding | — | 48,228,269shares | 46,852,737shares | 50,298,201shares | 27,938,660shares | 19,967,045shares | 16,263,702shares | 16,158,032shares |
| Non Current Assets Total | — | 612,853USD | 614,390USD | 511,028USD | 357,367USD | 356,515USD | 107,449USD | 106,015USD |
| Non Current Liabilities Total | — | 12,653,043USD | 11,842,195USD | 11,099,589USD | 4,801,098USD | 0USD | 0USD | 0USD |
| Net Working Capital | — | 84,146,057USD | 150,644,584USD | 235,993,058USD | 35,513,896USD | 20,202,006USD | 33,892,505USD | 25,089,846USD |
| Unclassified Current Assets | — | -127,873,909USD | -212,345,006USD | -293,703,571USD | — | — | — | — |
| Unclassified Current Liabilities | — | -43,778,423USD | -61,500,000USD | -56,500,000USD | -4,000,000USD | — | — | — |
| Unclassified Equity | — | 312,496,645USD | 310,649,082USD | 311,081,279USD | 181,543,398USD | 174,916,810USD | 171,264,481USD | 164,786,986USD |
| Net Receivables | — | — | — | — | 156,299USD | — | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 214,631,822USD | 38,245,389USD | 27,146,691USD | 9,917,575USD | 14,101,993USD | 1,551,892USD | 421,353USD | 63,153USD |
| Other Current Assets | 212,491,037USD | 63,934USD | 62,461USD | 123,727USD | 324,551USD | 1,027,527USD | 24,008USD | 8,333USD |
| Total Liab | 75,215,043USD | 4,245,435USD | 980,900USD | 586,412USD | 1,998,550USD | 508,605USD | 605,113USD | 319,146USD |
| Total Stockholder Equity | 139,416,779USD | 33,999,954USD | 26,165,791USD | 9,331,163USD | 12,103,443USD | 1,043,287USD | -183,760USD | -255,993USD |
| Other Current Liab | 63,334,323USD | 4,174,991USD | 925,842USD | 509,685USD | 1,859,834USD | 350,376USD | 445,259USD | 104,902USD |
| Common Stock | 46,853USD | 18,718USD | 15,322USD | 13,108USD | 10,529USD | 4,201USD | 19,830USD | 375,456USD |
| Capital Stock | 2,022,554USD | 2,665,032USD | 2,579,260USD | 13,108USD | 10,529USD | 42,039USD | 19,859USD | 375,485USD |
| Retained Earnings | -173,301,710USD | -139,948,277USD | -138,677,103USD | -151,482,208USD | -135,589,470USD | -119,539,887USD | -116,983,793USD | -115,343,192USD |
| Cash | 1,526,395USD | 1,977,778USD | 1,458,327USD | 2,146,783USD | 1,400,867USD | 524,135USD | 143,098USD | 52,117USD |
| Cash And Short Term Investments | 1,526,395USD | 38,074,006USD | 26,682,300USD | 4,074,072USD | 5,141,981USD | 524,135USD | 396,001USD | 52,117USD |
| Total Current Assets | 214,017,432USD | 38,137,940USD | 27,036,201USD | 4,197,799USD | 5,466,532USD | 1,551,662USD | 420,009USD | 60,450USD |
| Total Current Liabilities | 63,372,848USD | 4,245,435USD | 980,900USD | 586,412USD | 1,998,550USD | 508,605USD | 605,113USD | 319,146USD |
| Net Debt | 10,315,800USD | -1,977,778USD | -1,458,327USD | -2,146,783USD | -1,400,867USD | -392,194USD | 16,756USD | 147,883USD |
| Short Long Term Debt | 61,500,000USD | — | — | — | — | 131,941USD | 159,854USD | 200,000USD |
| Short Long Term Debt Total | 11,842,195USD | — | — | — | — | 131,941USD | 159,854USD | 200,000USD |
| Long Term Debt | 11,842,195USD | — | — | — | — | — | — | — |
| Long Term Investments | 600,000USD | 100,000USD | 100,000USD | 5,708,624USD | 8,625,678USD | 0USD | — | — |
| Short Term Investments | 212,345,006USD | 36,096,228USD | 25,223,973USD | 1,927,289USD | 3,741,114USD | 995,652USD | 252,903USD | 0USD |
| Accounts Payable | 38,525USD | 70,444USD | 55,058USD | 76,727USD | 138,716USD | 26,288USD | 28,324USD | 14,244USD |
| Property Plant Equipment Net | 14,390USD | 7,449USD | 10,490USD | 11,152USD | 9,783USD | 230USD | 1,344USD | 2,703USD |
| Common Stock Shares Outstanding | 33,190,938shares | 16,263,702shares | 14,092,233shares | 12,732,914shares | 6,840,665shares | 2,983,539shares | 1,588,512shares | 1,238,540shares |
| Non Current Assets Total | 614,390USD | 107,449USD | 110,490USD | 5,719,776USD | 8,635,461USD | 230USD | 1,344USD | 2,703USD |
| Non Current Liabilities Total | 11,842,195USD | 0USD | 0USD | 0USD | 0USD | 131,941USD | 159,854USD | 319,146USD |
| Net Working Capital | 150,644,584USD | 33,892,505USD | 26,055,301USD | 3,611,387USD | 3,467,982USD | 1,043,057USD | -185,104USD | -258,696USD |
| Unclassified Current Assets | -212,345,006USD | — | — | — | — | — | — | — |
| Unclassified Current Liabilities | -61,500,000USD | — | — | — | — | — | — | — |
| Unclassified Equity | 310,649,082USD | 171,264,481USD | 164,812,250USD | 160,787,155USD | 147,671,855USD | 120,536,934USD | 116,760,344USD | 114,336,258USD |
| Net Receivables | — | — | 291,440USD | — | — | — | — | — |
| Accumulated Other Comprehensive Income | — | — | -2,563,938USD | — | — | 0USD | — | — |
| Non Currrent Assets Other | — | — | — | 5,708,624USD | 8,625,678USD | -230USD | -1,344USD | 2,703USD |
| Unclassified Non Current Assets | — | — | — | -5,708,624USD | -17,251,356USD | — | — | — |
| Other Assets | — | — | — | — | 8,625,678USD | — | — | — |
| Net Tangible Assets | — | — | — | — | 12,103,443USD | 1,043,258USD | -183,789USD | -256,022USD |
| Current Deferred Revenue | — | — | — | — | — | -26,288USD | -28,324USD | -319,146USD |
| Short Term Debt | — | — | — | — | — | 131,941USD | 159,854USD | 200,000USD |
| Property Plant Equipment Gross | — | — | — | — | — | 230USD | 1,344USD | 2,703USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 3,092USD |
| Stock Based Compensation | 3,370,701USD |
| Change To Liabilities | 59,156USD |
| Change In Working Capital | -49,215USD |
| Operating Cash Flow | -1,263,959USD |
| Net Debt Issuance | -26,492,300USD |
| Change In Cash | -1,263,959USD |
| End Cash Flow | 262,436USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -69,164,319USD | -85,555,077USD | 65,588,809USD | 3,881,532USD | -17,268,697USD | 2,239,896USD | -9,039,787USD | -6,727,869USD |
| Depreciation | 1,537USD | 1,374USD | 915USD | 899USD | 879USD | 1,214USD | 1,485USD | 1,495USD |
| Stock Based Compensation | 1,724,532USD | -3,193,586USD | 5,682USD | 246,671USD | 3,598,309USD | 535,760USD | 709,716USD | 300,042USD |
| Other Non Cash Items | 66,721,684USD | 81,317,713USD | -69,382,258USD | -5,646,332USD | 15,483,352USD | -6,898,399USD | 7,182,673USD | 5,044,819USD |
| Change In Working Capital | -220,822USD | 3,677,580USD | 1,319,202USD | 184,133USD | -3,716,260USD | 2,979,727USD | 450,706USD | 457,428USD |
| Total Cash From Operating Activities | -2,661,920USD | -3,751,996USD | -2,467,650USD | -1,333,097USD | -1,902,417USD | -1,141,802USD | -695,207USD | -924,085USD |
| Capital Expenditures | 0USD | -4,737USD | -4,580USD | -1,751USD | -1,695USD | -2,646USD | -3USD | -5USD |
| Free Cash Flow | -2,661,920USD | -3,756,733USD | -2,472,230USD | -1,334,848USD | -1,904,112USD | -1,144,450USD | -695,207USD | -924,085USD |
| Investments | 18,221,577USD | -659,450USD | -183,467,527USD | -13,331,219USD | -34,387USD | -3,163,323USD | -44USD | 549,868USD |
| Total Cashflows From Investing Activities | 18,221,577USD | -664,187USD | -183,467,527USD | -13,331,219USD | -34,387USD | -3,163,323USD | -44USD | 549,868USD |
| Net Borrowings | -17,721,577USD | 4,991,269USD | 62,037,500USD | 11,306,000USD | 0USD | — | 0USD | — |
| Total Cash From Financing Activities | -17,721,577USD | 1,456,527USD | 190,110,822USD | 15,033,576USD | 228,955USD | 6,028,437USD | 413,035USD | 240,305USD |
| Issuance Of Capital Stock | 0USD | 0USD | 131,081,757USD | 3,850,130USD | 228,955USD | 6,028,437USD | 413,035USD | 240,305USD |
| Change In Cash | -1,241,764USD | -2,959,656USD | 3,846,862USD | 369,260USD | -1,707,849USD | 1,723,312USD | -282,216USD | -133,912USD |
| Begin Period Cash Flow | 1,526,395USD | 4,486,051USD | 639,189USD | 269,929USD | 1,977,778USD | 254,466USD | 536,682USD | 670,594USD |
| End Period Cash Flow | 284,631USD | 1,526,395USD | 4,486,051USD | 639,189USD | 269,929USD | 1,977,778USD | 254,466USD | 536,682USD |
| Unclassified Operating Cash Flow | -1,724,532USD | — | — | — | — | — | — | — |
| Change To Account Receivables | — | -156,299USD | 156,299USD | -156,299USD | — | — | -291,440USD | — |
| Dividends Paid | — | -2,679,994USD | — | — | — | — | — | — |
| Sale Purchase Of Stock | — | -1,000,000USD | -3,000,000USD | — | — | — | — | — |
| Other Cashflows From Investing Activities | — | 12,505,520USD | -196,377,921USD | — | -47,190USD | — | 531,105USD | — |
| Other Cashflows From Financing Activities | — | 145,252USD | 190,110,822USD | — | — | — | -44USD | 549,868USD |
| Unclassified Investing Cash Flow | — | -12,505,520USD | 196,382,501USD | — | — | — | — | — |
| Unclassified Financing Cash Flow | — | — | -59,037,500USD | — | — | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD | FY 20182018-12-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -33,353,433USD | -1,271,174USD | 7,818,728USD | -15,892,738USD | -16,049,583USD | -2,556,094USD | -1,640,601USD | -826,420USD |
| Depreciation | 4,067USD | 5,689USD | 5,033USD | 4,039USD | 939USD | 1,114USD | 1,359USD | 1,130USD |
| Stock Based Compensation | 657,076USD | 2,423,560USD | 1,341,729USD | 2,625,270USD | 15,669,832USD | -66,559USD | 312,033USD | — |
| Other Non Cash Items | 21,479,438USD | -8,170,034USD | -12,871,007USD | 12,059,559USD | -832,284USD | 519,763USD | 207,051USD | 217,119USD |
| Change In Working Capital | 1,428,909USD | 3,481,851USD | 143,270USD | 427,093USD | -523,290USD | -29,707USD | 307,781USD | 102,552USD |
| Total Cash From Operating Activities | -9,783,943USD | -3,530,108USD | -3,562,247USD | -776,777USD | -4,861,655USD | -2,064,924USD | -1,124,410USD | -505,619USD |
| Capital Expenditures | -12,759USD | -2,648USD | -5,276USD | -5,408USD | -10,491USD | -4USD | -10,491USD | -2,598USD |
| Free Cash Flow | -9,796,702USD | -3,532,756USD | -3,567,523USD | -782,185USD | -4,872,146USD | -2,064,919USD | -1,124,410USD | -508,217USD |
| Investments | -197,486,311USD | -2,632,218USD | 59,947USD | -8,972,837USD | -9,472,770USD | 0USD | -374,979USD | -2,598USD |
| Total Cashflows From Investing Activities | -197,497,320USD | -2,632,218USD | 185,997USD | -8,972,837USD | -9,472,770USD | -908,079USD | -374,979USD | -2,598USD |
| Net Borrowings | 78,334,769USD | 0USD | — | 0USD | -1,000,000USD | 1,500,000USD | 200,000USD | 200,000USD |
| Total Cash From Financing Activities | 206,829,880USD | 6,681,777USD | 2,687,794USD | 10,495,530USD | 15,211,157USD | 3,354,040USD | 1,590,370USD | 257,000USD |
| Dividends Paid | -2,679,994USD | 0USD | 0USD | -630,801USD | -45,541USD | — | -95,708USD | -5,600USD |
| Sale Purchase Of Stock | -4,000,000USD | 0USD | — | — | 45,541USD | — | -200,000USD | — |
| Issuance Of Capital Stock | 135,160,842USD | 6,681,777USD | 1,145,017USD | 11,126,331USD | 15,811,157USD | 1,854,040USD | 1,162,000USD | 0USD |
| Change In Cash | -451,383USD | 519,451USD | -688,456USD | 745,916USD | 876,732USD | 381,037USD | 90,981USD | -251,217USD |
| Begin Period Cash Flow | 1,977,778USD | 1,458,327USD | 2,146,783USD | 1,400,867USD | 524,135USD | 143,098USD | 52,117USD | 303,334USD |
| End Period Cash Flow | 1,526,395USD | 1,977,778USD | 1,458,327USD | 2,146,783USD | 1,400,867USD | 524,135USD | 143,098USD | 52,117USD |
| Other Cashflows From Investing Activities | -196,984,561USD | -2,629,570USD | 904USD | -8,867,429USD | -9,462,279USD | -9,462,279USD | -374,979USD | -374,979USD |
| Other Cashflows From Financing Activities | 145,252USD | 6,681,777USD | 185,997USD | -8,972,837USD | 2,500,000USD | 3,354,040USD | 524,078USD | 57,000USD |
| Unclassified Investing Cash Flow | 196,986,311USD | 2,632,218USD | — | 8,872,837USD | 9,472,770USD | 8,554,204USD | — | — |
| Unclassified Financing Cash Flow | 135,029,853USD | — | 1,356,780USD | 8,972,837USD | 13,711,157USD | -3,354,040USD | 1,162,000USD | — |
| Change To Account Receivables | — | 291,440USD | -291,440USD | — | — | — | — | — |
| Change To Liabilities | — | — | — | — | 112,428USD | 44,719USD | 11,423USD | 43,149USD |
| Unclassified Operating Cash Flow | — | — | — | — | -3,127,269USD | — | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q1 2026Quarterly · 2026-03-31 | Product | Blockchain Infrastructure Revenues — Builder Plus | 1,004,257 | USD | 0001493152-26-023129 |
| Q1 2026Quarterly · 2026-03-31 | Product | Blockchain Infrastructure Revenues — Node Ops | 131,094 | USD | 0001493152-26-023129 |
| Q1 2026Quarterly · 2026-03-31 | Product | De Fi Revenues | 1,012,026 | USD | 0001493152-26-023129 |
| FY 2025Yearly · 2025-12-31 | Product | Blockchain Infrastructure Revenues — Builder Plus | 13,118,696 | USD | 0001493152-26-012916 |
| FY 2025Yearly · 2025-12-31 | Product | Blockchain Infrastructure Revenues — Node Ops | 2,058,971 | USD | 0001493152-26-012916 |
| FY 2025Yearly · 2025-12-31 | Product | De Fi Revenues | 1,313,917 | USD | 0001493152-26-012916 |
| Q3 2025Quarterly · 2025-09-30 | Product | Blockchain Infrastructure Revenues | 4,215,224 | USD | 0001493152-25-022359 |
| Q3 2025Quarterly · 2025-09-30 | Product | De Fi Revenues | 723,279 | USD | 0001493152-25-022359 |
| Q2 2025Quarterly · 2025-06-30 | Product | Builder Plus | 2,509,226 | USD | 0001641172-25-023517 |
| Q2 2025Quarterly · 2025-06-30 | Product | Node Ops | 262,972 | USD | 0001641172-25-023517 |
| Q1 2025Quarterly · 2025-03-31 | Product | Blockchain Infrastructure Revenues — Builder Plus | 1,349,644 | USD | 0001493152-26-023129 |
| Q1 2025Quarterly · 2025-03-31 | Product | Blockchain Infrastructure Revenues — Node Ops | 339,291 | USD | 0001493152-26-023129 |
| Q4 2024Quarterly · 2024-12-31 | Product | Blockchain Infrastructure Revenues — Builder Plus | 1,939,824 | USD | Legacy provider |
| Q4 2024Quarterly · 2024-12-31 | Product | Blockchain Infrastructure Revenues — Node Ops | 381,959 | USD | Legacy provider |
| FY 2024Yearly · 2024-12-31 | Product | Blockchain Infrastructure Revenues — Builder Plus | 2,453,213 | USD | 0001493152-26-012916 |
| FY 2024Yearly · 2024-12-31 | Product | Blockchain Infrastructure Revenues — Node Ops | 1,620,305 | USD | 0001493152-26-012916 |
| Q3 2024Quarterly · 2024-09-30 | Product | Builder Plus | 404,503 | USD | 0001493152-24-045124 |
| Q3 2024Quarterly · 2024-09-30 | Product | Staking To BTCSNodes | 276,393 | USD | 0001493152-24-045124 |
| Q3 2024Quarterly · 2024-09-30 | Product | Staking To Third Party Nodes | 58,261 | USD | 0001493152-24-045124 |
| Q2 2024Quarterly · 2024-06-30 | Product | Builder Plus | 75,853 | USD | 0001493152-24-033150 |
| Q2 2024Quarterly · 2024-06-30 | Product | Staking To BTCSNodes | 407,287 | USD | 0001493152-24-033150 |
| Q2 2024Quarterly · 2024-06-30 | Product | Staking To Third Party Nodes | 78,052 | USD | 0001493152-24-033150 |
| Q1 2024Quarterly · 2024-03-31 | Product | Builder Plus | 33,033 | USD | 0001641172-25-010401 |
| Q1 2024Quarterly · 2024-03-31 | Product | Node Ops | 418,353 | USD | 0001641172-25-010401 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.