Now everyone do the math. Back in August when this merger was announced bitcoin was at $450.00. Now it is nearly 20,000 dollars. So how much money has the company already made? Massive $$$ and we ran to .58 on the news in August so I would imagine BTCS is worth dollars on the next big run! "In August, BTCS announced it had signed a non-binding letter of intent to merge with Blockchain Global. On October 11, it was announced that BTCS had secured $1 million in financing, $250,000 of that being bitcoin. Near the end of October, BTCS announced it had closed the remaining finance balance in moving forward with its planned merger with Blockchain Global."
BTCS #2 on the bitcoin stock pick list: 2. BTCS (OTCQB:BTCS)
Market cap: $56.60 million; current share price: $0.28
Next on our blockchain technology stocks is BTCS. The company is also the first blockchain-focused public company in the US, and was ahead of its time in exploring digital currency ecosystems. The company self-describes itself as an “early mover” in the digital currency ecosystems sector.
The company’s CEO, Charles Allen, was interviewed by Bloomberg explaining the company’s mission to “gather a currency that can be spent on goods and services”, using bitcoin to buy products like televisions.
In August, BTCS announced it had signed a non-binding letter of intent to merge with Blockchain Global. On October 11, it was announced that BTCS had secured $1 million in financing, $250,000 of that being bitcoin. Near the end of October, BTCS announced it had closed the remaining finance balance in moving forward with its planned merger with Blockchain Global.
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