Latest news with #ChainQ
Associated Press
20-05-2025
- Business
- Associated Press
BTCS Inc. Acquires 3,450 Ether (ETH) for $8.42M, Expanding Ethereum Holdings to 12,500 ETH
Silver Spring, Maryland--(Newsfile Corp. - May 20, 2025) - BTCS Inc. (NASDAQ: BTCS) ('BTCS' or the 'Company'), a blockchain technology-focused company, today announced the acquisition of 3,450 Ether (ETH) for approximately $8.42 million, using proceeds from recent financings. The purchases were made at an average price of $2,441 per ETH. As of May 16, 2025, BTCS holds approximately 12,500 ETH, up from 9,063 ETH at the end of Q1 2025-an increase of approximately 38%. This growth contributed to the fair market value of the Company's total cryptocurrency holdings and cash reaching approximately $38.42 million, representing an 88% increase since the start Q2 2025. 'Ethereum remains at the core of our blockchain infrastructure strategy,' said Charles Allen, Chief Executive Officer of BTCS. 'By expanding our ETH position, we are strengthening the foundation that allows us to scale validator operations, grow staking revenue, and drive long-term value for shareholders.' About BTCS: BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting Forward-Looking Statements: Certain statements in this press release constitute 'forward-looking statements' within the meaning of the federal securities laws, including statements regarding investment opportunities from Ethereum, growing staking revenue, and driving long-term value for shareholders. Words such as 'may,' 'might,' 'will,' 'should,' 'believe,' 'expect,' 'anticipate,' 'estimate,' 'continue,' 'predict,' 'forecast,' 'project,' 'plan,' 'intend' or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues (including, but not limited to, potential SEC enforcement actions, regulatory changes affecting DeFi protocols, and state regulatory requirements), cybersecurity risks, technological challenges, market adoption risks, changes in blockchain protocols, continued volatility in the cryptocurrency markets, smart contract risks, liquidation risks associated with DeFi borrowing, and other risks inherent to blockchain technology and cryptocurrency operations, as well as risks set forth in the Company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law. LinkedIn: Facebook: Email: [email protected] To view the source version of this press release, please visit
Associated Press
16-04-2025
- Business
- Associated Press
BTCS Inc. Integrates Bitcoin into ChainQ, Its AI-Powered Blockchain Analytics Platform
Silver Spring, Maryland--(Newsfile Corp. - April 16, 2025) - BTCS Inc. (NASDAQ: BTCS) ('BTCS' or the 'Company'), a blockchain technology-focused company, announces a major expansion of its AI-powered blockchain analytics platform, ChainQ. This latest enhancement introduces all historical Bitcoin blockchain data, coupled with substantially improved performance, further solidifying ChainQ as a premier solution for blockchain data exploration and analysis. Unprecedented Access to Bitcoin's Historical Data With the addition of Bitcoin's complete historical blockchain dataset, ChainQ enables users to seamlessly analyze Bitcoin transactions, addresses, and patterns dating back to its 2009 genesis block. This vast dataset provides researchers, investors, and developers with a powerful tool to derive insights into the world's largest and most influential cryptocurrency. ' Integrating full Bitcoin blockchain data into ChainQ marks a significant milestone in providing unparalleled access to blockchain analytics,' said Charles Allen, CEO of BTCS. " Bitcoin remains at the forefront of the cryptocurrency ecosystem, and now, with ChainQ's enhanced capabilities, users can explore its entire transaction history with speed and precision. ' Enhanced Performance for Faster Insights In addition to expanding ChainQ's dataset, BTCS has implemented significant performance upgrades to accelerate data processing and query execution. These enhancements ensure: ' We have not only expanded ChainQ's capabilities but also vastly improved its efficiency,' remarked Michal Handerhan, COO of BTCS. " Our advancements allow users to conduct deep blockchain research and analysis in a fraction of the time compared to traditional explorers. ' Key Features [ This video cannot be displayed. Please visit the source: ] Cannot view this video? Visit: With these advancements, ChainQ is making blockchain analytics more intuitive and comprehensive. To explore ChainQ and sign up for access, visit About BTCS: BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting To view the source version of this press release, please visit
Associated Press
10-02-2025
- Business
- Associated Press
BTCS Inc. to Participate in the 'Digital Assets 2025: To Bitcoin and Beyond,' Virtual Conference Presented by Maxim Group LLC on Wednesday, February 12th at 8:30 a.m. EST
Silver Spring, Maryland--(Newsfile Corp. - February 10, 2025) - BTCS Inc. (NASDAQ: BTCS) ('BTCS' or the 'Company'), a leader in blockchain infrastructure and technology, announced today that our CEO Charles Allen has been invited to present at the " Digital Assets 2025: To Bitcoin and Beyond", presented by Maxim Group LLC, on Wednesday, February 12th, 2025, at 8:30 a.m. EST. Charles Allen, CEO of BTCS, will be speaking at 8:30 AM ET as part of the 'Digital Assets 2025: To Bitcoin and Beyond' Virtual Conference, where Matthew Galinko, Research Analyst at Maxim Group, will sit down with companies in the digital asset ecosystem, including bitcoin miners, equipment providers, and corporate adopters of crypto as a treasury strategy. We will discuss the evolution of the industry and prospects in the new year with regulatory changes expected in the months ahead. This conference will be live on M-Vest. To attend, sign up to become an M-Vest member. About BTCS: BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting About Maxim Group LLC Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA SIPC, and NASDAQ. To learn more about Maxim Group, visit @Charles_BTCS
