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Monday, 08/08/2016 7:50:03 AM

Monday, August 08, 2016 7:50:03 AM

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BTCS Inc (OTCMKTS:BTCS) Moving Towards More Dilution

Since BTCS has not reported a profit as yet, the company has heavily relied on convertible debt to fund operations. Unfortunately, now it seems that BTCS might be running out of options. BTCS had recently announced that it would seek the approval of its shareholders, to adjust its capitalization. Analysts expect that BTCS would need to lower the conversion price of its issued notes and go for further dilution, very soon.

http://otctimes.net/2016/08/03/btcs-inc-otcmktsbtcs-moving-towards-more-dilution/
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