BTCS (BTCS) AI Stock Analysis

• Market Cap: $135.83M
• Dividend Yield: 1.65%
• Average Volume (3M): 1.00M
• Price to Earnings (P/E): 4.2
• Beta (1Y): -0.15
• Revenue Growth: 482.50%
• EPS Growth: 82.04%
• Country: US
• Employees: 7
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 1.30
• Shares Outstanding: 46,838,530
• 10 Day Avg. Volume: 798,064
• 30 Day Avg. Volume: 1,000,273
• PEG Ratio: 0.28
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 9.86
• P/FCF Ratio: -11.37
• Enterprise Value/Market Cap: 0.11
• Enterprise Value/Revenue: 1.22
• Enterprise Value/Gross Profit: 11.99
• Enterprise Value/Ebitda: -4.05
• 1Y Price Target: $7.00
• Price Target Upside: 141.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.05
• Revenue Forecast (FY): $15.20M

• Rating: 56 Neutral
• Price Target: $3.00 ▲(3.45% Upside)

The score is primarily held back by weak operating profitability and persistent negative free cash flow despite strong revenue growth and a relatively low-leverage balance sheet. Technicals are also bearish with the stock trading below key moving averages. Offsetting these risks are a low P/E with a dividend yield and generally positive recent corporate developments.

Positive Factors

Revenue Growth

Strong revenue growth indicates BTCS's expanding market presence and effective business operations, crucial for long-term success in the blockchain sector.

Debt-Free Balance Sheet

A debt-free balance sheet enhances financial stability and flexibility, allowing BTCS to invest in growth opportunities without the burden of interest obligations.

Strategic Loan for Growth

The strategic loan to expand Ethereum holdings aligns with BTCS's growth strategy, potentially enhancing revenue and margins through increased staking operations.

Negative Factors

Profitability Challenges

Ongoing profitability challenges, marked by negative net margins, could hinder BTCS's ability to sustain operations and invest in future growth without external funding.

Cash Flow Deficits

Persistent negative cash flows highlight liquidity issues, potentially limiting BTCS's operational flexibility and increasing reliance on external financing.

Decreasing Gross Profit Margin

A declining gross profit margin indicates rising cost pressures, which could erode profitability and impact BTCS's ability to maintain competitive pricing and margins.

BTCS Business Overview & Revenue Model

Company Description

BTCS Inc. focuses on digital assets and blockchain technologies. The company secures disruptive next-generation blockchains and operates validator nodes on various proof of stake-based blockchain networks. It also develops a proprietary Digital Asset Platform that allows users to evaluate their crypto portfolio holdings across multiple exchanges and chains on a single platform. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland.

How the Company Makes Money

BTCS makes money primarily through its blockchain infrastructure operations, including cryptocurrency staking and transaction verification services. These activities involve validating transactions on blockchain networks, for which BTCS earns rewards in the form of cryptocurrencies. Additionally, the company may generate revenue from its blockchain analytics services, which support businesses and individuals in navigating the complexities of digital asset management. BTCS's earnings are significantly influenced by the performance of the cryptocurrency market and its ability to efficiently manage and scale its blockchain infrastructure operations.

BTCS Financial Statement Overview

Summary

BTCS exhibits strong revenue growth but struggles with profitability, marked by negative net profit and gross profit margins. Despite a robust, debt-free balance sheet, persistent cash flow challenges and reliance on external financing indicate financial instability.

Income Statement

BTCS has shown significant revenue growth from $1,339,628 in 2023 to $4,073,518 in 2024, marking a strong upward trend. However, the company remains unprofitable with a net profit margin of -31.2% in 2024, due to consistent negative EBIT and EBITDA margins. The gross profit margin has decreased from 73.1% in 2023 to 23.2% in 2024, indicating rising cost pressures.

Balance Sheet

The company has a strong equity base with a debt-free balance sheet, resulting in a debt-to-equity ratio of 0. The equity ratio stands at 88.9% as of 2024, suggesting financial stability. However, the company's return on equity is negative due to ongoing net losses, which is a concern for potential investors.

Cash Flow

BTCS has faced consistent negative operating cash flows, and free cash flow remains negative, highlighting ongoing liquidity challenges. The free cash flow to net income ratio is unfavorable, and the operating cash flow to net income ratio is negative due to substantial net losses. Positive financing cash flows indicate reliance on external funding.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.72M	4.07M	1.34M	1.69M	1.21M	0.00
Gross Profit	1.19M	946.01K	979.85K	1.27M	944.94K	0.00
EBITDA	-3.54M	-8.16M	-3.71M	-4.65M	-13.99M	-2.15M
Net Income	54.44M	-1.27M	7.82M	-15.86M	-16.05M	-2.56M
Balance Sheet
Total Assets	298.86M	38.25M	27.15M	9.92M	14.10M	1.55M
Cash, Cash Equivalents and Short-Term Investments	4.49M	38.07M	26.68M	4.07M	5.14M	524.13K
Total Debt	67.60M	0.00	0.00	0.00	0.00	131.94K
Total Liabilities	73.45M	4.25M	980.90K	586.41K	2.00M	508.61K
Stockholders Equity	225.40M	34.00M	26.17M	9.33M	12.10M	1.04M
Cash Flow
Free Cash Flow	-6.86M	-3.53M	-3.57M	-782.18K	-4.87M	-2.06M
Operating Cash Flow	-6.84M	-3.53M	-3.56M	-776.78K	-4.86M	-2.06M
Investing Cash Flow	-200.00M	-2.63M	186.00K	-8.97M	-9.47M	-908.08K
Financing Cash Flow	211.40M	6.68M	2.69M	10.50M	15.21M	3.35M

BTCS Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BTCS, the sentiment is Negative. The current price of 2.9 is below the 20-day moving average (MA) of 2.93, below the 50-day MA of 3.02, and below the 200-day MA of 3.41, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 46.10 is Neutral, neither overbought nor oversold. The STOCH value of 35.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BTCS.

BTCS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
BTCS	56 Neutral	$135.83M	4.16	43.45%	1.65%	482.50%	82.04%
BTM	55 Neutral	$99.01M	11.23	1375.23%	―	8.60%	―
SUIG	48 Neutral	$156.17M	-3.38	-20.35%	―	-19.68%	-1055.59%
GREE	45 Neutral	$24.17M	-6.99	―	―	-3.52%	83.39%
MIGI	40 Underperform	$5.43M	-0.37	―	―	-11.39%	79.96%
ARBK	39 Underperform	$7.72M	-0.02	―	―	-13.86%	-32.19%

BTCS Corporate Events

BTCS Adopts New 2026 Executive Compensation Framework

On January 1, 2026, BTCS Inc.’s board, following the recommendation of its compensation committee and an independent consultant, approved payouts for its 2025 performance-based incentive program, calculated on a conservative unaudited revenue estimate of approximately $16 million and delivered through $495,808 in cash, 398,208 fully vested shares of common stock and 690,300 stock options, with final amounts subject to audit-driven adjustments and no discretionary bonuses paid to executives. For 2026, the company adopted a results-driven compensation structure that eliminates discretionary executive bonuses and ties annual incentives solely to revenue (75% weighting, with a $15–35 million performance range) and cash-and-crypto liquidity (25% weighting, with a $276.25–568.75 million range), increased base salaries for key executives and independent directors, promoted Ben Hunter to chief technology officer, and launched a long-term RSU program of up to 5.42 million units for executives and employees that vests over five years based on stock price and market capitalization milestones plus continued service, underscoring a strong alignment between management rewards, shareholder value creation, and retention.

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

BTCS Announces Record Q3 2025 Financial Results

On November 14, 2025, BTCS Inc. announced record financial results for the third quarter of 2025, with revenue increasing 568% year-over-year to $4.94 million, and net income reaching $65.59 million. The company expanded its Ethereum holdings significantly and launched its new Imperium business line, enhancing its position in decentralized finance. BTCS also became the first public company to integrate Aave into its operations, aiming to generate scalable revenue growth without shareholder dilution. These strategic moves, along with a share repurchase program and the issuance of a dividend in Ethereum, are designed to enhance shareholder value and position BTCS as a leader in the Ethereum economy.

The most recent analyst rating on (BTCS) stock is a Buy with a $7.00 price target. To see the full list of analyst forecasts on BTCS stock, see the BTCS Stock Forecast page.