Fair market price of Company’s crypto holdings and funds situation at in the vicinity of record large
Silver Spring, MD, Nov. 02, 2021 (World NEWSWIRE) — BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain know-how centered organization, today declared the launch of its freshly revised site (www.btcs.com).
“The most recent refresh of our corporate internet site superior articulates our organization system, growth trajectory, and evolving price proposition, supplying a very clear eyesight for our stakeholders,” mentioned Charles Allen, Chief Executive Officer of BTCS. “With a potent economical basis and the profit of enhanced recognition as a Nasdaq-shown firm, our team is totally centered on executing our eyesight of integrating our info analytics and staking-as-a-assistance platforms into a solitary seamless solution offering.”
BTCS is developing the Facts Analytics Dashboard to clear away the technological barrier of entry to crypto and blockchain, in the end integrating and delivering a whole variety of offerings centered all-around two core options: portfolio analytics and staking-as-a-support.
“Once released, asset leveraging by way of our staking swimming pools should deliver investors at all degrees an possibility to earn benefits,” ongoing Allen. “As a 1st mover in the revenue producing, whole node deployment house, our group has the practical experience to supply a option for this growing desire. We carry on to develop our blockchain infrastructure functions, and by opening our learn validator nodes to enable customers to delegate their crypto as a result of our non-custodial pools, we prepare to permit platform participants the capacity to earn produce from leading next-generation blockchains.”
“We are now creating revenue by running master validator nodes throughout many blockchains, which include Ethereum’s Beacon chain, Cardano, Tezos, Avalanche, and Cosmos, with other individuals on the horizon,” added Michal Handerhan, Chief Functioning Officer of BTCS. “We are energized, when launched, to carry this very same profits generating opportunity to our consumer foundation as it grows.”
The Firm is also pleased to announce the beta launch of its electronic asset facts analytics system is now open up to all members and currently supports six exchanges and around 800 digital assets. BTCS options to even more broaden its suite of efficiency-monitoring resources, increase supplemental centralized and decentralized exchanges, as very well as wallets, and stake pool monitoring.
To study additional about the BTCS Information Analytics Dashboard beta release, as effectively as the Company’s small business plan, expansion trajectory, and price proposition, visit BTCS.com.
The Company’s digital asset treasury approach has been a key driver powering its enhancing money position. The fair marketplace price of BTCS’s electronic asset holdings and cash position achieved a new file higher in October, surpassing $45 million. The Company’s planned integration of asset leveraging through its Details Analytics system is created to speed up income progress.
BTCS is an early mover in the blockchain and electronic forex ecosystem, and the 1st “Pure Enjoy” U.S. publicly traded enterprise centered on blockchain infrastructure and technological know-how. By way of its blockchain infrastructure functions, the Enterprise secures Proof-of-Stake blockchains by actively processing and validating blockchain transactions and is rewarded with native electronic tokens. The Corporation is developing a proprietary Staking-as-a-Company system to allow end users to stake and delegate supported cryptocurrencies via a non-custodial platform, which it ideas to integrate with its Knowledge Analytics Dashboard, now in beta launch. BTCS’s proprietary electronic asset facts analytics system now supports six exchanges and around 800 electronic property, and the Business plans to even further broaden its suite of functionality-monitoring equipment, add supplemental centralized and decentralized exchanges, as properly as wallets, and stake pool checking. The Company’s electronic asset treasury tactic, with a principal target on disruptive non-safety protocol layer assets, is a main ingredient of its business enterprise design and supports BTCS’s growing functions. For extra data pay a visit to: www.btcs.com.
Certain statements in this push launch, constitute “forward-seeking statements” in just the indicating of the federal securities legal guidelines which include statements regarding our perception with regards to anticipations for the Facts Analytics Dashboard, strategy to enable platform individuals the ability to gain yield from major future-technology blockchains, probable revenue for our user base, accelerated revenue and expansion, and programs for a staking-as-a-provider platform. Words and phrases these kinds of as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or very similar expressions, or statements with regards to intent, perception, or current anticipations, are forward-seeking statements. Even though the Firm thinks these ahead-on the lookout statements are realistic, undue reliance ought to not be put on any these types of forward-wanting statements, which are centered on data obtainable to us on the day of this release. These forward-on the lookout statements are centered upon recent estimates and assumptions and are subject matter to numerous hazards and uncertainties, together with devoid of limitation the benefits and expenses affiliated with validating transactions on proof-of-stake blockchains, substantial decrease in worth of our electronic property and benefits although locked up, reduction or theft of the non-public withdrawal keys resulting in the comprehensive reduction of electronic assets and reward, unanticipated concerns with our knowledge foundation, reluctance of end users to accept our products, reduce in worth in the crypto that we now have, as perfectly as threats established forth in the Company’s filings with the Securities and Trade Fee together with its Form 10-K for the year ended December 31, 2020 and the Prospectus Health supplement dated September 14, 2021. Consequently, real results could be materially diverse. The Organization expressly disclaims any obligation to update or alter statements whether or not as a consequence of new info, long term situations or if not, except as needed by legislation.
RedChip Providers, Inc.
Telephone: (407) 491-4498