BTCS (NASDAQ:BTCS) CEO Charles Allen Sells 105,000 Shares of Stock

Posted by Stanley Muller on Jun 12th, 2026

BTCS Inc. (NASDAQ:BTCS – Get Free Report) CEO Charles Allen sold 105,000 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $1.27, for a total transaction of $133,350.00. Following the completion of the transaction, the chief executive officer owned 7,414,033 shares in the company, valued at approximately $9,415,821.91. The trade was a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BTCS Trading Up 1.3%

NASDAQ BTCS opened at $1.18 on Friday. The company’s 50-day moving average price is $1.71 and its 200-day moving average price is $2.14. 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 cap of $58.49 million, a PE ratio of -0.48 and a beta of 3.33. BTCS Inc. has a 12 month low of $1.07 and a 12 month high of $8.49.

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

Wall Street Analyst Weigh In

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

Get Our Latest Research Report on BTCS

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BTCS. State Street Corp grew its holdings in BTCS by 1,286.2% during the 4th quarter. State Street Corp now owns 2,529,760 shares of the company’s stock worth $6,679,000 after acquiring an additional 2,347,260 shares in the last quarter. Vanguard Group Inc. grew its holdings in BTCS by 354.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,008,400 shares of the company’s stock worth $9,701,000 after acquiring an additional 1,565,996 shares in the last quarter. Renaissance Technologies LLC grew its holdings in BTCS by 192.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,057,100 shares of the company’s stock worth $1,469,000 after acquiring an additional 695,555 shares in the last quarter. Geode Capital Management LLC grew its holdings in BTCS by 16.5% during the 4th quarter. Geode Capital Management LLC now owns 1,156,661 shares of the company’s stock worth $3,054,000 after acquiring an additional 164,113 shares in the last quarter. Finally, 683 Capital Management LLC bought a new position in BTCS during the 4th quarter worth about $428,000. 3.48% of the stock is currently owned by institutional investors.

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.