Bitcoin Shop, inc

Bitcoin Shop, inc

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An early mover in the blockchain and digital currency ecosystem. Learn more

Launch date
Employees
Market cap
$22.0m
Net debt
$36.8m
Enterprise valuation
($15m) (Public information from Jun 2024)
Silver Spring Maryland (HQ)

Financials

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth37511 %---39 %(21 %)51 %
EBITDA0000000000000000000000000000
% EBITDA margin(49 %)--(1411 %)(275 %)(1138 %)-
Profit0000000000000000000000000000
% profit margin(49 %)--(1323 %)(937 %)584 %-
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue36 %--59 %36 %51 %-
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DateInvestorsAmountRound
investor

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round
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$500k

Convertible
Total Funding000k

Recent News about Bitcoin Shop, inc

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BTCS Inc. (btcs.com) is a pioneering company in the blockchain infrastructure and data analytics sector. As the first publicly traded U.S. company specializing in blockchain technology, BTCS has established itself as a leader in this rapidly evolving market. The company operates in the digital asset ecosystem, focusing on securing blockchain networks and providing advanced data analytics tools for cryptocurrency portfolios.

BTCS serves a diverse range of clients, including individual cryptocurrency investors, financial institutions, and businesses involved in the blockchain space. The company's primary market is the digital asset industry, which includes cryptocurrencies like Bitcoin and Ethereum. This market is known for its high growth potential and increasing mainstream adoption.

The business model of BTCS revolves around two main pillars: blockchain infrastructure and data analytics. For blockchain infrastructure, BTCS secures and supports various blockchain networks, ensuring their stability and performance. This involves activities like staking, where the company participates in the validation of transactions on blockchain networks, earning rewards in the form of digital assets.

On the data analytics side, BTCS offers a platform that allows users to monitor and evaluate the performance of their cryptocurrency investments across multiple exchanges. This platform provides valuable insights and helps users make informed decisions about their crypto portfolios.

BTCS generates revenue through several channels. Firstly, by earning rewards from staking activities on blockchain networks. Secondly, by offering subscription-based access to its data analytics platform. These revenue streams are complemented by the company's strategic investments in various digital assets, which can appreciate in value over time.

In summary, BTCS Inc. is at the forefront of blockchain technology, providing essential infrastructure and data analytics tools to support the growing digital asset ecosystem. The company's innovative approach and strategic market positioning make it a key player in the future of finance.

Keywords: Blockchain, Infrastructure, Data Analytics, Cryptocurrency, Staking, Digital Assets, Nasdaq, Portfolio Management, Financial Technology, Innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.