Sector:  Industrials Industry:  Business Support Services
See Regulatory Filings on SEC
Company Contact
Address: 9466 Georgia Ave # 124
Tel: 1-202-4306576
IR: See website
Key People
Michal Handerhan
Chief Operating Officer, Secretary and Director
Charles W. Allen
Chairman of the Board, Chief Executive Officer, Chief Financial Officer
Business Overview
BTCS Inc., formerly Bitcoin Shop, Inc., is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using digital currencies, including bitcoin and with operations in the blockchain and digital currency ecosystems. The Company operates a beta e-commerce marketplace, which accepts a range of digital currencies, have designed a beta secure digital currency storage solution BTCS Wallet. The Company's transaction verification services business (bitcoin mining) enables running application-specific integrated circuit (ASIC) servers. The ASIC servers solve a set of prescribed mathematical calculations in order to add a block to the blockchain and thereby confirm bitcoin transactions. The Company's beta e-commerce marketplace offers approximately 250,000 curated products and utilizes its Intelligent Shopping Engine to find competitive prices on products from over 250 retailers.
Financial Overview
For the three months ended 31 March 2020, BTCS Inc revenues was not reported. Net loss applicable to common stockholders increased 5% to $370K. Higher net loss reflects General and administrative increase of 7% to $271K (expense), Interest expense increase from $6K to $23K (expense), Marketing increase from $1K to $3K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.03 to -$0.02.
Employees: 2 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $6.57M as of Mar 31, 2020
Annual revenue (TTM): $0.00M as of Mar 31, 2020
EBITDA (TTM): -$1.45M as of Mar 31, 2020
Net annual income (TTM): -$1.75M as of Mar 31, 2020
Free cash flow (TTM): -$1.20M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 27,386,184 as of May 8, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization