BTCS Reports Q1 2024 Results
BTCS Inc. (BTCS)
NASDAQ:AMEX Investor Relations:
bitcoinshop.us
Company Research
Source: GlobeNewswire
Silver Spring, MD, May 15, 2024 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, announced its results for the three months ended March 31, 2024 (“Q1 2024”). First Quarter 2024 Financial Highlights Revenue: Q1 2024 revenue of $0.4 million increased 18% from Q4 2023 and 24% from Q1 2023.Gross Margin: 75% gross margins remain consistent for Q1 2024.Net Income: $12.3 million, or $0.78 per share, in Q1 2024 represents a record quarter for BTCS’s performance. Q1 2024 net income is a 148% increase from Q1 2023 and 13% from the previous quarter in Q4 2023. These records results are attributed primarily to the increase in fair market value of crypto assets held impacted by the continued rally of crypto markets throughout Q1 2024.Cash & Crypto Value: $39.4 million as of March 31, 2024, marking a 91% year-over-year increase. Management Commentary In the first quarter of 2024, BTCS achieved remarkable financial
Show less
Read more
Impact Snapshot
Event Time:
BTCS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BTCS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BTCS alerts
High impacting BTCS Inc. news events
Weekly update
A roundup of the hottest topics
BTCS
News
- BTCS Inc. Integrates with Forta to Construct Compliant Ethereum Blocks [Yahoo! Finance]Yahoo! Finance
- BTCS Inc. Integrates with Forta to Construct Compliant Ethereum BlocksGlobeNewswire
- BTCS Inc. (NASDAQ: BTCS) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $3.00 price target on the stock.MarketBeat
- BTCS Reports Q1 2024 Results [Yahoo! Finance]Yahoo! Finance
- NewtekOne (NEWT) Q1 Earnings and Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
BTCS
Analyst Actions
- 5/16/24 - HC Wainwright
BTCS
Sec Filings
- 6/6/24 - Form 4
- 5/29/24 - Form 144
- 5/14/24 - Form 10-Q
- BTCS's page on the SEC website