Competitive PressureCompetition from larger firms with greater resources could limit BTCS's ability to scale its block-building and DeFi offerings and constrain market share gains.
Crypto Security And VolatilityExposure to crypto price volatility and cybercrime risk could produce sharp swings in asset values and revenue, increasing investor uncertainty around BTCS.
Small-cap Dilution RiskSmall capitalization status creates a financing vulnerability for BTCS, with potential share dilution that could pressure the stock if additional capital is needed.