BTCS Inc (BTCS): Net loss for the three months ended Marc...

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Thursday, 08/10/2017 3:01:50 PM

Thursday, August 10, 2017 3:01:50 PM

Net loss for the three months ended March 31, 2017 was approximately $35.2 million, net loss for the three months ended March 31, 2016 was approximately $2.0 million, respectively. The increase in net loss for the three months ended March 31, 2017 resulted primarily from fair value adjustments for warrant liabilities of $33.2 million, fair value adjustments for convertible notes of $16.8 million.

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