BTCS (NASDAQ:BTCS) CEO Sells $183,150.00 in Stock

Posted by Brian Himes on Jun 11th, 2026

BTCS Inc. (NASDAQ:BTCS – Get Free Report) CEO Charles Allen sold 165,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $1.11, for a total transaction of $183,150.00. Following the sale, the chief executive officer owned 7,099,033 shares of the company’s stock, valued at $7,879,926.63. This trade represents a 2.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BTCS Stock Performance

BTCS stock traded up $0.02 during mid-day trading on Thursday, hitting $1.18. 1,203,831 shares of the company were exchanged, compared to its average volume of 830,795. The business has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $2.15. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $58.49 million, a PE ratio of -0.48 and a beta of 3.33. BTCS Inc. has a 1-year low of $1.07 and a 1-year high of $8.49.

BTCS (NASDAQ:BTCS – Get Free Report) last released its quarterly earnings results on Thursday, March 26th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). BTCS had a negative net margin of 503.06% and a negative return on equity of 14.31%. The business had revenue of $7.09 million during the quarter, compared to analyst estimates of $4.50 million. On average, equities analysts forecast that BTCS Inc. will post 0.02 earnings per share for the current year.

Institutional Trading of BTCS

Hedge funds and other institutional investors have recently modified their holdings of the stock. Oxford Asset Management LLP bought a new stake in shares of BTCS in the fourth quarter worth $103,000. Barclays PLC grew its stake in shares of BTCS by 284.9% in the fourth quarter. Barclays PLC now owns 58,062 shares of the company’s stock worth $153,000 after purchasing an additional 42,976 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of BTCS in the fourth quarter worth $111,000. State of Wyoming bought a new stake in shares of BTCS in the fourth quarter worth $66,000. Finally, Nomura Holdings Inc. bought a new stake in shares of BTCS in the third quarter worth $58,000. Institutional investors own 3.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. HC Wainwright dropped their price target on shares of BTCS from $7.00 to $5.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Wall Street Zen cut shares of BTCS from a “hold” rating to a “strong sell” rating in a research note on Saturday, March 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of BTCS in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.00.

Read Our Latest Research Report on BTCS

About BTCS

(Get Free Report)

BTCS, Inc (NASDAQ: BTCS) is a digital asset technology company focused on blockchain infrastructure and related investments. Originally founded in 2012 as Bitcoin Shop, Inc, the company pivoted in 2018 to concentrate on blockchain technology applications, digital asset management and strategic investments in early-stage ventures. BTCS holds a diversified portfolio that includes cryptocurrency mining equipment, digital wallets, and equity stakes in promising blockchain startups.

In its mining operations, BTCS acquires and manages mining hardware to secure blockchain networks and generate newly minted digital tokens.