Reading BTCS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BTCS free→Reading BTCS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track BTCS free→NASDAQFinancialsCapital MarketsSnapshot 2026-06-15
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and management's recent track record has been unsteady, with frequent disruptive corporate changes. The company was unprofitable over the past year, so its earnings quality can't be assessed. Peer multiples imply a price about 57% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples, but recent financials are weak or earnings quality is fragile. Key factors to watch include guidance changes and sector trends, as both could significantly impact performance. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 2 valuation methods, at three horizons. Current price $1.20. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $1.20 BTCS trades at 2× p/s, below its 2× p/s peer median. Our $2.28 fair value sits above the price; medium confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 47% below a flat-multiple fair value, below our forecast of about 100%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 0.11x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity.
17 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated volatile grew net income 54% of the time over the next year (vs 57% for the rest of the cohort, n=3774).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.00 → $0.00. 0 raised, 0 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$432.
How much price usually moves either way.
On a bad day, this stock has moved -$981.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $8,261.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: A drop in revenue growth would signal a weakening trend in the financial sector.
Confirms:Revenue growth falls below its median level for the sector.
Disproves:Revenue growth remains above its median level.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for BTCS yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Changes in Registrant’s Certifying Accountant. (a) Dismissal of Independent Registered Public Accounting Firm On March 30, 2026, the Board of Directors of BTCS Inc. (the “Company”), on the recommendation of the Audit Committee, approved the dismissal of RBSM LLP (“RBSM”) as the Company’s independent registered public accounting firm. The reports of RBSM on the Company’s financial statements for the years ended December 31, 2025 and 2024 did not contain an adverse opinion or a disclaimer of op…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Investment Banking & Brokerage.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
BTCS BTCS Inc | Below typical Show detailsSector percentile: 2 of 100 | inexpensive | high |
MS Morgan Stanley | Typical Show detailsSector percentile: 57 of 100 | full | moderate |
GS Goldman Sachs | Typical Show detailsSector percentile: 45 of 100 | full | moderate |
SCHW Charles Schwab Corporation | Above typical Show detailsSector percentile: 88 of 100 | fair | moderate |
IBKR Interactive Brokers | Typical Show detailsSector percentile: 56 of 100 | expensive | moderate |
Not investment advice. As of 2026-06-15.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-15.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
BTCS aims to achieve a gross profit target of $6 million for the fiscal year 2026.
Stated in 2 of last 2 quarters. Gross profit was $1,014,312 in 2026-Q1, indicating progress towards the $6 million target for 2026. The trajectory shows limited progress, as the current gross profit is significantly below the annual target.
“BTCS's 2026 gross profit target of $6 million reflects management's conviction...”
“The Company realigned its 2026 performance incentive program to place greater emphasis on profitability...”
BTCS has realigned its 2026 performance incentive program to emphasize profitability.
Newly stated in 2025-Q4. The emphasis on profitability is reflected in the realignment of the performance incentive program. However, the financials show a net income of -$69,164,319 in 2026-Q1, indicating a challenging path to profitability.
“The Company realigned its 2026 performance incentive program to place greater emphasis on profitability...”
Management expects a specific factor to be the primary driver of gross profit through 2026.
Newly stated in 2026-Q1. Management's expectation for a primary driver of gross profit is yet to be substantiated by financial results, as gross profit was $1,014,312 in 2026-Q1, which is below the annual target of $6 million.
“Management expects it to be the primary driver of gross profit through the remainder of the year.”
Results of Operations and Financial Condition On March 11, 2026, BTCS Inc. issued an investor presentation, which is attached hereto as Exhibit 99.1, and incorporated herein by reference. The investor presentation contained selected financial results for the year ended December 31, 2025. The foregoing and Exhibit 99.1 are being furnished and will not be deemed to be filed for purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”), or otherwise be subject to the…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 13, 2026, upon the recommendation of the Compensation Committee of the Board of Directors (the “Board”) of BTCS Inc. (the “Company”), the Board approved revisions to the Company’s 2026 Annual Performance Incentive Program applicable to the Company’s executive officers and employees. These revised milestones replace the performance mileston…
Results of Operations and Financial Condition On January 7, 2026, BTCS Inc. issued a press release containing a letter to its shareholders, which is attached hereto as Exhibit 99.1, and incorporated herein by reference. The letter to shareholders contained selected financial results for the year ended December 31, 2025. The foregoing and Exhibit 99.1 are being furnished and will not be deemed to be filed for purposes of Section 18 of the Securities and Exchange Act of 1934 (the “Exchange Act”…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 1, 2026, upon recommendation of the Compensation Committee of the Board of Directors (“Board”) of BTCS Inc. (the “Company”), which recommendation was made following consultation with an independent third-party compensation consultant, the Board approved the following actions or determinations which are described below. 2025 Annual Perfor…