BTCS Inc (BTCS)

[Handyman4545]

Baring in mind that this article is nearly a year old...

Fantastic digging TRADEdeez!

Exclusive: BTCS Eyeing Nasdaq Listing As Part of Financing Push
BTCS (OTCMKTS:BTCS) is aiming to upgrade its public listing to the Nasdaq as part of efforts to secure another critical
Leon Pick | News (CryptoCurrency) | Tuesday, 15/12/2015|13:59 GMT

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"BTCS is working through a number of steps to ensure compliance with Nasdaq listing requirements, said Allen. For example, as the Nasdaq requires a minimum share price of $4, BTCS would have to do a reverse split on its shares, currently worth $0.11 apiece. The company would also have to hire an independent board of directors."
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There's your answer in a nutshell.
Assuming Charles is still looking to get on he NASDAQ as stated in the one year old article, he would now need to do an 1800/1 reverse split to achieve the $4/shr margin alone.

Got 1,000,000 shares now?
After the split, you'll have 500

There must be something else going on to bump the share pricing.

http://www.financemagnates.com/cryptocurrency/news/btcs-eyeing-nasdaq-listing-as-part-of-financing-push/