BTCS Secures $7.8M Through Convertible Notes Agreement

The latest announcement is out from BTCS ( (BTCS) ).

On May 13, 2025, BTCS Inc. entered into a Securities Purchase Agreement with three accredited investors, issuing 5% Original Issue Discount Senior Secured Convertible Notes amounting to $7,810,526, with a purchase price of $7,420,000. The company also issued 1,901,916 five-year warrants exercisable at $2.75 per share. This strategic financial move, which included investments from the company’s CEO Charles Allen and a trust associated with him, aims to bolster BTCS’s financial standing and operational capabilities. The notes, convertible into common stock at $5.85 per share, mature in 24 months, and are secured by the company’s assets, excluding certain Ethereum deposits.

The most recent analyst rating on (BTCS) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on BTCS stock, see the BTCS Stock Forecast page.

Spark’s Take on BTCS Stock

According to Spark, TipRanks’ AI Analyst, BTCS is a Neutral.

BTCS’s overall score reflects strong revenue growth and a solid balance sheet, countered by significant profitability challenges and liquidity issues. Recent corporate events offer strategic growth potential, but valuation remains problematic due to ongoing losses. Technical analysis shows mixed trends, with a slight short-term positive momentum.

To see Spark’s full report on BTCS stock, click here.

More about BTCS

Average Trading Volume: 504,505

Technical Sentiment Signal: Sell

Current Market Cap: $42.18M

Find detailed analytics on BTCS stock on TipRanks’ Stock Analysis page.