BTCS Inc. (BTCS) Form 10-Q — May 14, 2026
BTCS Inc. reported a net loss of $69.2 million for the three months ended March 31, 2026, driven primarily by $35.7 million in unrealized losses and $29.3 million in realized losses on digital assets. These losses reflect the high volatility of the company's core holdings, particularly Ethereum, which constitutes the majority of its $129 million total asset base. Despite the significant net loss, the company generated $2.15 million in revenue, up from $1.69 million in the prior year period, with new DeFi revenues contributing $1.01 million.
Key figures
- Revenue
- 2147377
- Total Debt
- 56919637
- Total Assets
- 129025504
- Cash Position
- 284631
- Shares Outstanding
- 49775371
- Defi Borrowing Balance
- 43778423
- Digital Assets Fair Value
- 115955855
- Stock Based Compensation
- 1724532
- Convertible Notes Payable
- 12653043
- Realized Loss Digital Assets
- 29293946
- Unrealized Loss Digital Assets
- 35685176
Price after filing
Close on the filing date to close N calendar days later (from $2.12). Historical, not a forecast.
AI analysis
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