Thursday, March 23, 2017 4:29:33 AM
This gives the note holders full control to dump shares if the volume can handle it, and get cash to try, and payback the 32 million in debt from trying to mine bitcoins at the DM facility.
Since BTCS is no longer mining bitcoins, it's sitting there as a shell company promoting the idea blockchain, and waiting for unsuspecting investors to buy in whenever the price of bitcoin goes up, where the noteholders start dumping to get back some of their lost revenues.
This 100 million in warrants, converted to common shares are to be sold at .032/share for 3.2 million with some pr announcement, are note holders accepting pennies on the dollar arrangements before btcs files for bankruptcy.
If the price of bitcoin went up, and difficulty level stayed the same, or the halving did not happen, with the half of bitcoin rewards, BTCS would have had a chance to pay back it's creditors, and become profitable.
Now, has become a trap for investors with the note holders controlling the company who have no will to try something new, and save BTCS.
Recent BTCS News
- Form S-3/A - Registration statement under Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 09/25/2024 09:20:41 PM
- 21.co Integrates Chainlink Proof of Reserve To Increase Transparency of its Wrapped Bitcoin (21BTC) on Solana and Ethereum • GlobeNewswire Inc. • 09/23/2024 04:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/18/2024 12:30:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:58:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:34:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:10:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:08:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:05:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:04:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:01:09 PM
- 21Shares Selects Anchorage Digital Bank and BitGo as Custodians for US Spot ETP Product Lineup • GlobeNewswire Inc. • 09/12/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 09:15:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 08:30:20 PM
- BTCS Reports Q2 2024 Results • GlobeNewswire Inc. • 08/20/2024 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 09:20:24 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 08:34:49 PM
- 21Shares Integrates Chainlink Proof of Reserve to Increase Transparency of the 21Shares Core Ethereum ETF (CETH) • GlobeNewswire Inc. • 07/29/2024 02:00:00 PM
- 21Shares Expands its US Product Lineup with the Launch of the 21Shares Core Ethereum ETF (CETH) • GlobeNewswire Inc. • 07/23/2024 01:30:00 PM
- BTCS Inc. Launches ChainQ: An AI-Powered Blockchain Analytics Platform • GlobeNewswire Inc. • 07/10/2024 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 12:30:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:55:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 08:05:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/29/2024 09:06:35 PM
- BTCS Inc. Integrates with Forta to Construct Compliant Ethereum Blocks • GlobeNewswire Inc. • 05/29/2024 12:45:00 PM
- BTCS Reports Q1 2024 Results • GlobeNewswire Inc. • 05/15/2024 01:00:00 PM
Lingerie Fighting Championships Signs Broadcast Deal With Maybacks Global Entertainment • BOTY • Sep 26, 2024 9:00 AM
Maybacks Global Entertainment and Lingerie Fighting Championships Enter Into Broadcast And Revenue Sharing Agreement • AHRO • Sep 26, 2024 8:30 AM
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM