Not sure if I am reading this right but seems like more than half those shares they would want to sell 055 and higher...so its more like working through 16 million shares down here...could be the last of it dropping it to these lows?? down from .11 since these filings hit
This prospectus supplement (“Supplement”) modifies and supplements information contained in, and should be read in conjunction with, that certain prospectus, dated February 9, 2016 (“Prospectus”), of BTCS Inc. (“Company). The Prospectus relates to the resale of up to 37,500,626 shares of our common stock by the selling shareholders identified therein. Such shares of common stock include (i) 16,008,942 shares of Common Stock, (ii) 10,200,000 shares of common stock underlying outstanding warrants exercisable at $0.055 per share, (iii) 10,791,684 shares of common stock underlying outstanding warrants exercisable at $0.069 per share, and (iv) 500,000 shares of common stock underlying outstanding warrants exercisable at $0.31 per share. This Supplement is being filed to disclose the transfer of securities of certain selling shareholders as provided in the Selling Shareholder table below and to disclose the reduction in exercise price of warrants to purchase an aggregate of 10,200,000 shares of common stock from $0.10 to $0.055 and warrants to purchase an aggregate of 10,791,684 shares of common stock from $0.375 to $0.069. This supplement is not complete without, and may not be delivered or used except in connection with, the original Prospectus and all supplements thereto.