Btcs Inc SEC Filings

Melanie Pump, a director of BTCS Inc. (BTCS), reported a Section 16 transaction dated 09/30/2025. The Form 4 shows an acquisition of 2,588 shares of the issuer's common stock under transaction code V, and reports 60,400 shares beneficially owned following the transaction. The filing explains these shares stem from an annual grant of $50,000 in common stock approved by the Board, paid quarterly at $12,500 per quarter, and states the grant was exempt from Section 16(b) under Rule 16b-3. The form is signed by the reporting person on 10/02/2025.

Ashley DeSimone, a director of BTCS Inc. (BTCS), received an issuer-approved equity grant and reported a related open-market acquisition on 09/30/2025. The filing shows 2,588 shares of Common Stock were acquired on that date. After the transaction, the reporting person beneficially owned 48,787 shares. The company previously authorized an annual grant of $50,000 of common stock to the reporting person, to be issued quarterly at $12,500 per quarter, and the grant was approved under Rule 16b-3. The Form 4 was signed by Ashley DeSimone on 10/01/2025.

Charles W. Allen, CEO and director of BTCS Inc. (BTCS), executed a financing-related acquisition on 05/13/2025 that the filer later amended. The Form 4/A shows Allen acquired a 5% Original Issue Discount Senior Secured Convertible Note with a $5.85 conversion/exercise price and principal amount of $100,000 that converts into 17,089 common shares, and warrants with a $2.75 exercise price for 24,351 shares exercisable through 05/13/2030. The transactions were reported as acquisitions and the amendment corrects an earlier coding error (changed from Code "P" to Code "A").

The filing states the transaction was approved by an independent committee composed of three non-employee directors. The Form 4/A is signed by Charles Allen on 08/27/2025. The disclosure is limited to these transaction details and the procedural correction.

Director Michal Handerhan sold 333,333 shares of BTCS Inc. on 08/18/2025, reducing her direct holdings to 1,308,248 shares. The Form 4 reports the disposition as a non‑derivative transaction priced at $0 per share (indicating a disposition event rather than a report of proceeds on the form). The filing is signed by the reporting person and indicates the report was filed individually.

Charles W. Allen, CEO and director of BTCS Inc. (BTCS), reported two open-market stock sales totaling 100,000 shares in mid-August 2025 under a 10b5-1 plan. He sold 50,000 shares on 08/14/2025 at a weighted average price of $4.1347 per share and 50,000 shares on 08/18/2025 at a weighted average price of $4.7727 per share. After the transactions he reported beneficial ownership of 4,579,506 shares, down from 4,629,506 following the first sale. Some reported shares include restricted stock subject to forfeiture if vesting conditions are not met.

The filing discloses the weighted-average price ranges for the trades and affirms the 10b5-1 affirmative defense box was checked, indicating the sales were pursuant to a pre-established plan. The reporting person offered to provide detailed per-transaction pricing on request.

BTCS Inc. posted an updated investor presentation on its website and furnished that presentation as Exhibit 99.1 to this report. The company clarifies the presentation is furnished, not filed, and therefore is not subject to Section 18 liabilities or incorporation by reference in future filings.

The company’s compensation committee determined that certain previously granted long-term incentive awards vested because the company maintained a market capitalization in excess of $100 million for 30 consecutive days, triggering the awards’ market-cap vesting condition under the applicable agreements.

BTCS Inc. reported strong quarter-over-quarter revenue growth driven by its Builder+ block-building business, with $2.77 million in total revenues for the three months ended June 30, 2025 (versus $561,192 a year earlier) and $4.46 million for the six months (versus $1.01 million). Revenue mix shifted heavily to Builder+, which generated $2.51 million in the quarter. Although gross profit for the quarter was a $80,935 loss due to higher block-building costs, a large $8.79 million unrealized appreciation in crypto assets produced net income of $3.88 million for the quarter; the six-month period showed a $13.39 million net loss.

The balance sheet shows $40.81 million total assets, including crypto assets at fair value of $39.43 million (14,659 ETH valued at $36.44 million), cash of $639,189, and total liabilities of $9.74 million (including a $4.00 million DeFi loan and $4.80 million convertible notes). Stockholders' equity was $31.07 million. The company completed an ETH-centric strategic realignment, winding down non-Ethereum validator operations and selling most non-ETH tokens, and raised net ATM proceeds of approximately $4.08 million during the six months.