BTCS Inc. Expands Block-Building Operations to Binance Chain Through Strategic Acquisition
BTCS has expanded its block-building operations to Binance Chain, the fifth-largest cryptocurrency with an $80 billion market cap. The expansion includes the acquisition of TxBoost, a Binance Chain block builder.
The company's Builder+ platform showed strong performance, generating $2.3 million in Q4 2024, representing over 50% of 2024's total revenue. This expansion leverages BTCS's existing Ethereum-focused infrastructure, capitalizing on Binance Chain's EVM compatibility.
CEO Charles Allen emphasized this move as a strategic step toward achieving their 2025 revenue target of $20 million. The expansion aligns with BTCS's goals of increasing revenue and improving margins through blockchain infrastructure development.
BTCS ha ampliato le sue operazioni di creazione di blocchi alla Binance Chain, la quinta criptovaluta più grande con una capitalizzazione di mercato di 80 miliardi di dollari. L'espansione include l'acquisizione di TxBoost, un costruttore di blocchi per Binance Chain.
La piattaforma Builder+ dell'azienda ha mostrato ottime performance, generando 2,3 milioni di dollari nel quarto trimestre del 2024, rappresentando oltre il 50% del fatturato totale del 2024. Questa espansione sfrutta l'infrastruttura esistente di BTCS focalizzata su Ethereum, capitalizzando sulla compatibilità EVM di Binance Chain.
Il CEO Charles Allen ha sottolineato che questa mossa rappresenta un passo strategico verso il raggiungimento dell'obiettivo di ricavi per il 2025 di 20 milioni di dollari. L'espansione è in linea con gli obiettivi di BTCS di aumentare i ricavi e migliorare i margini tramite lo sviluppo di infrastrutture blockchain.
BTCS ha ampliado sus operaciones de construcción de bloques a Binance Chain, la quinta criptomoneda más grande con una capitalización de mercado de 80 mil millones de dólares. La expansión incluye la adquisición de TxBoost, un constructor de bloques de Binance Chain.
La plataforma Builder+ de la compañía mostró un rendimiento sólido, generando 2,3 millones de dólares en el cuarto trimestre de 2024, representando más del 50% de los ingresos totales de 2024. Esta expansión aprovecha la infraestructura existente de BTCS enfocada en Ethereum, capitalizando la compatibilidad EVM de Binance Chain.
El CEO Charles Allen destacó que este movimiento es un paso estratégico hacia el logro de su objetivo de ingresos para 2025 de 20 millones de dólares. La expansión se alinea con los objetivos de BTCS de aumentar los ingresos y mejorar los márgenes mediante el desarrollo de infraestructura blockchain.
BTCS는 시가총액 800억 달러로 다섯 번째로 큰 암호화폐인 바이낸스 체인으로 블록 생성 사업을 확장했습니다. 이번 확장에는 바이낸스 체인 블록 빌더인 TxBoost의 인수가 포함됩니다.
회사의 Builder+ 플랫폼은 2024년 4분기에 230만 달러의 수익을 창출하며 강력한 성과를 보였으며, 이는 2024년 총 매출의 50% 이상을 차지합니다. 이번 확장은 BTCS의 기존 이더리움 중심 인프라를 활용하여 바이낸스 체인의 EVM 호환성을 기반으로 합니다.
CEO 찰스 앨런은 이번 조치를 2025년 매출 목표 2,000만 달러 달성을 위한 전략적 단계로 강조했습니다. 이 확장은 BTCS가 매출 증대와 마진 개선을 위해 블록체인 인프라 개발 목표와 일치합니다.
BTCS a étendu ses opérations de construction de blocs à la Binance Chain, la cinquième plus grande cryptomonnaie avec une capitalisation boursière de 80 milliards de dollars. Cette expansion comprend l'acquisition de TxBoost, un constructeur de blocs pour Binance Chain.
La plateforme Builder+ de l'entreprise a montré de solides performances, générant 2,3 millions de dollars au quatrième trimestre 2024, représentant plus de 50 % du chiffre d'affaires total de 2024. Cette expansion tire parti de l'infrastructure existante de BTCS axée sur Ethereum, en capitalisant sur la compatibilité EVM de Binance Chain.
Le PDG Charles Allen a souligné que cette initiative constitue une étape stratégique vers l'atteinte de leur objectif de revenus de 20 millions de dollars en 2025. Cette expansion s'aligne avec les objectifs de BTCS visant à augmenter les revenus et améliorer les marges grâce au développement d'infrastructures blockchain.
BTCS hat seine Block-Erstellungsaktivitäten auf die Binance Chain ausgeweitet, die fünftgrößte Kryptowährung mit einer Marktkapitalisierung von 80 Milliarden US-Dollar. Die Expansion umfasst die Übernahme von TxBoost, einem Block-Ersteller für die Binance Chain.
Die Builder+-Plattform des Unternehmens zeigte starke Leistungen und erzielte im vierten Quartal 2024 Einnahmen von 2,3 Millionen US-Dollar, was über 50 % des Gesamtjahresumsatzes 2024 entspricht. Diese Erweiterung nutzt die bestehende Ethereum-fokussierte Infrastruktur von BTCS und setzt auf die EVM-Kompatibilität der Binance Chain.
CEO Charles Allen betonte, dass dieser Schritt ein strategischer Schritt zur Erreichung des Umsatzziels von 20 Millionen US-Dollar im Jahr 2025 sei. Die Expansion steht im Einklang mit den Zielen von BTCS, den Umsatz zu steigern und die Margen durch die Entwicklung von Blockchain-Infrastrukturen zu verbessern.
- Q4 2024 Builder+ revenue reached $2.3M, representing over 50% of total 2024 revenue
- Strategic acquisition of TxBoost to accelerate Binance Chain block-building operations
- Expansion into Binance Chain (5th largest crypto, $80B market cap) leverages existing technology stack
- Company pursuing $20M revenue performance milestone for 2025
- Heavy revenue concentration with Builder+ contributing over 50% of total revenue, indicating potential business risk
- Significant revenue growth needed to reach $20M target from current Q4 run rate of $2.3M
Insights
BTCS's strategic acquisition of TxBoost to expand block-building operations to Binance Chain represents a significant revenue growth catalyst. With Binance Chain being the fifth-largest cryptocurrency ($80+ billion market cap), this move intelligently leverages BTCS's existing Ethereum-focused infrastructure due to Binance Chain's EVM compatibility.
The financials here are compelling. Builder+ already generated
This acquisition demonstrates excellent strategic execution by pursuing compatible blockchain ecosystems where existing technology can be quickly deployed, maximizing operational efficiency and improving margins. The move reduces technical risk while expanding market reach—essentially applying their proven revenue model to an additional high-value market.
For a small-cap blockchain infrastructure company, this targeted expansion represents textbook execution: leveraging core competencies, pursuing calculated growth opportunities, and focusing on revenue-generating activities that can scale without proportional cost increases.
Silver Spring, Maryland--(Newsfile Corp. - April 7, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a leader in blockchain infrastructure and technology, today announced the expansion of its block-building operations to Binance Chain, the fifth-largest cryptocurrency with a market cap exceeding
The expansion was accelerated through the strategic acquisition of TxBoost, an established Binance Chain block builder, further strengthening BTCS's position in the rapidly evolving Ethereum Virtual Machine ("EVM") based ecosystem.
"Builder+ supporting Binance Chain is a natural extension of our Ethereum-focused infrastructure strategy," stated Charles Allen, CEO of BTCS. "Given Binance Chain's roots as a fork of Ethereum and its EVM compatibility, we're able to leverage components of our existing technology stack to quickly scale, which aligns with our strategic objectives of increasing revenue and improving margins."
Builder+ generated significant revenue growth for the Company. In Q4 2024, it generated approximately
Quarterly Revenue Growth
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This initiative is in line with management's desire to achieve the Company's 2025
About BTCS:
BTCS Inc. (NASDAQ: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its blockchain infrastructure operations. BTCS has honed its expertise in blockchain network operations, particularly in block building and validator node management. Its branded block-building operation, Builder+, leverages advanced algorithms to optimize block construction for on-chain validation, thus maximizing gas fee revenues. BTCS also supports other blockchain networks by operating validator nodes and staking its crypto assets across multiple proof-of-stake networks, allowing crypto holders to delegate assets to BTCS-managed nodes. In addition, the Company has developed ChainQ, an AI-powered blockchain data analytics platform, which enhances user access and engagement within the blockchain ecosystem. Committed to innovation and adaptability, BTCS is strategically positioned to expand its blockchain operations and infrastructure beyond Ethereum as the ecosystem evolves. Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting www.btcs.com.
Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding investment opportunities from Binance Chain, growth of Binance, goals and beliefs with respect to revenue goals and increased margins, and our ability to capitalize on Binance Chain's growth. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon assumptions and are subject to various risks and uncertainties, including without limitation regulatory issues, unanticipated issues integrating Binance Chain into our operations, cybersecurity risks, technological challenges, market adoption risks, competition, changes in blockchain protocols, unexpected issues with Builder+, the reluctance of validators to utilize our Builder+ product, volatility in cryptocurrency markets, and other risks inherent to blockchain technology and cryptocurrency operations, as well as risks set forth in the Company's filings with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2024 which was filed on March 20, 2025. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements, whether as a result of new information, future events, or otherwise, except as required by law.
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Email: ir@btcs.com
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