BTCS Inc.
BTCS · Finance Services · 49.8M shares · +13%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $2M (gross $4M, SBC $2M)
Reference price $1.22 · est. market cap ~$61M — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F38BTCS Inc — micro crypto/blockchain-infrastructure firm near cash-out.
Strengths
- Holds digital-asset positions
Risks
- Operating losses; cash runway ~0.6 quarters
- Crypto-price dependence; going-concern risk
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -202.2%)
- Cash burnNegative free cash flow (-9.8M)
- Insider sellingInsider selling — 6 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$811,868, last 6mo) Form 4 ↗
- Revenue declineRevenue -69.7% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
12.2%
Net margin
-202.2%
Return on equity
-23.9%
Return on assets
-15.5%
Revenue growth (QoQ)
-69.7%
Current ratio
3.4×
Free cash flow
-$10M
Tangible book value
$139M
Cash & investments
$2M
Cash runway
1q
Stock comp / revenue
4.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Allen Charles W | Sell | 168K | $1.22 |
| 2026-06-12 | Allen Charles W | Sell | 87K | $1.15 |
| 2026-06-11 | Allen Charles W | Sell | 165K | $1.11 |
| 2026-06-10 | Hunter Benjamin Henry | Sell | 10K | $1.21 |
| 2026-06-10 | Allen Charles W | Sell | 150K | $1.19 |
| 2026-06-09 | Allen Charles W | Sell | 105K | $1.27 |
| 2026-01-01 | Allen Charles W | Grant | 2.7M | — |
| 2026-01-01 | Hunter Benjamin Henry | Grant | 54K | — |
| 2026-01-01 | Hunter Benjamin Henry | Tax withheld | 12K | — |
| 2026-01-01 | Hunter Benjamin Henry | Grant | 1.0M | — |
| 2026-01-01 | Allen Charles W | Grant | 199K | — |
| 2026-01-01 | Allen Charles W | Tax withheld | 44K | — |
| 2026-01-01 | Prevoznik Michael Edward JR | Grant | 96K | — |
| 2026-01-01 | Prevoznik Michael Edward JR | Tax withheld | 21K | — |
| 2026-01-01 | Prevoznik Michael Edward JR | Grant | 1.0M | — |
| 2025-12-31 | Lee Charles Benjamin | Grant | 4.7K | — |
| 2025-12-31 | Pump Melanie | Grant | 4.7K | — |
| 2025-12-31 | DeSimone Ashley | Grant | 4.7K | — |
| 2025-11-19 | Allen Charles W | Buy | 68K | $2.89 |
| 2025-11-19 | Allen Charles W | Buy | 3.5K | $2.80 |
| 2025-11-18 | Allen Charles W | Buy | 19K | $2.90 |
| 2025-09-30 | Lee Charles Benjamin | Grant | 2.6K | — |
| 2025-09-30 | DeSimone Ashley | Grant | 2.6K | — |
| 2025-09-30 | Pump Melanie | Grant | 2.6K | — |
| 2025-08-18 | Handerhan Michal | Disposition | 333K | — |
| 2025-08-18 | Allen Charles W | Sell | 50K | $4.77 |
| 2025-08-14 | Allen Charles W | Sell | 50K | $4.13 |
| 2025-07-16 | Handerhan Michal | Sell | 113K | $6.00 |
| 2025-07-09 | Allen Charles W | Option exercise | 509K | $1.90 |
| 2025-07-09 | Handerhan Michal | Option exercise | 237K | $1.90 |
| 2025-07-08 | Handerhan Michal | Sell | 87K | $6.04 |
| 2025-07-02 | Allen Charles W | Gift | 8.0K | — |
| 2025-06-30 | Pump Melanie | Grant | 5.7K | — |
| 2025-06-30 | DeSimone Ashley | Grant | 5.7K | — |
| 2025-06-30 | Lee Charles Benjamin | Grant | 5.7K | — |
| 2025-05-09 | Handerhan Michal | Sell | 150K | $3.00 |
| 2025-04-09 | Allen Charles W | Sell | 65K | $1.44 |
| 2025-04-08 | Allen Charles W | Sell | 50K | $1.44 |
| 2025-04-07 | Allen Charles W | Sell | 85K | $1.37 |
| 2025-03-31 | Lee Charles Benjamin | Grant | 8.3K | $1.50 |
| 2025-03-31 | DeSimone Ashley | Grant | 8.3K | $1.50 |
| 2025-03-31 | Pump Melanie | Grant | 8.3K | $1.50 |
| 2025-01-01 | Paranjape Manish | Grant | 121K | — |
| 2025-01-01 | Prevoznik Michael Edward JR | Grant | 45K | — |
| 2025-01-01 | Handerhan Michal | Grant | 153K | — |
| 2025-01-01 | Handerhan Michal | Tax withheld | 34K | — |
| 2024-12-31 | Lee Charles Benjamin | Grant | 5.1K | — |
| 2024-12-31 | Pump Melanie | Grant | 5.1K | — |
| 2024-12-31 | DeSimone Ashley | Grant | 5.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-09 | 2026-06-08 | 0001493152-26-027779 ↗ |
| 8-K | 2026-06-01 | 2026-05-29 | 0001493152-26-026548 ↗ |
| 8-K | 2026-05-15 | 2026-05-15 | 0001493152-26-023378 ↗ |
| 10-Q | 2026-05-14 | 2026-03-31 | 0001493152-26-023129 ↗ |
| 8-K | 2026-03-31 | 2026-03-30 | 0001493152-26-013812 ↗ |
| 8-K | 2026-03-27 | 2026-03-27 | 0001493152-26-013089 ↗ |
| 10-K | 2026-03-26 | 2025-12-31 | 0001493152-26-012916 ↗ |
| 8-K | 2026-03-16 | 2026-03-13 | 0001493152-26-010191 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001493152-26-009622 ↗ |
| 8-K | 2026-02-06 | 2026-02-05 | 0001493152-26-005565 ↗ |
| 8-K | 2026-01-07 | 2026-01-07 | 0001493152-26-000734 ↗ |
| 8-K | 2026-01-05 | 2026-01-01 | 0001493152-26-000391 ↗ |