BTCS Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 01/01/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $16.5M | $4.1M | $1.3M | — | $1.7M |
| Research and development | $679,434 | $755,813 | $687,288 | — | $611,758 |
| Operating expenses | $31.9M | $2.2M | $5.3M | — | $18.8M |
| Interest expense | $1.5M | — | — | — | — |
| Income tax expense | $0 | $0 | $0 | — | $0 |
| Net income | -$33.4M | -$1.3M | $7.8M | — | -$15.9M |
| Balance Sheet | |||||
| Cash and equivalents | $1.5M | $2.0M | $1.5M | — | $2.1M |
| Current assets | $214.0M | $38.1M | $27.0M | — | $4.1M |
| Total assets | $214.6M | $38.2M | $27.1M | — | $9.9M |
| Current liabilities | $63.4M | $4.2M | $980,900 | — | $586,412 |
| Total liabilities | $75.2M | $4.2M | — | — | — |
| Stockholders' equity | $139.4M | $34.0M | $26.2M | $14.3M | $14.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$9.8M | -$3.5M | -$3.6M | — | -$776,777 |
| Depreciation and amortization | $4,067 | $5,689 | $5,033 | — | $4,039 |
| Stock-based compensation | $657,076 | $2.4M | $1.3M | — | $2.6M |
| Capital expenditure | $12,759 | $2,648 | $5,276 | — | $5,408 |
| Free cash flow | -$9.8M | -$3.5M | -$3.6M | — | -$782,185 |
| Dividends paid | $2.7M | — | $0 | — | $631,000 |
| Share repurchases | $4.0M | — | — | — | — |
Shares outstanding 49.8M · Free float 35.6%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.