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BTCS Inc. (BTCS) Releases Q2 2026 Earnings: Revenue Falls 11.8%

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BTCS Inc. ($BTCS) reported second-quarter 2026 revenue of $2.4 million, down 11.8% from a year earlier, as the company continued to operate at a loss.

Key financial highlights included:

  • Gross profit of $1.5 million
  • Operating loss of $33.3 million
  • Net loss attributable to common shareholders of $34.9 million
  • Diluted loss per share of $0.70
  • Cash from operating activities came in at $477,805, while cash and cash equivalents stood at $262,436 at quarter-end. Total liabilities rose sharply to $50.4 million, reflecting a much heavier balance sheet burden compared with a year ago.

    Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    BTCS Inc. Insider Trading Activity

    BTCS Insider Trades

    BTCS Inc. insiders have traded $BTCS stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

    Here’s a breakdown of recent trading of $BTCS stock by insiders over the last 6 months:

    • CHARLES W ALLEN (CEO) has made 0 purchases and 5 sales selling 675,000 shares for an estimated $799,809.
    • BENJAMIN HENRY HUNTER (CTO) sold 10,000 shares for an estimated $12,058

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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    BTCS Inc. Hedge Fund Activity

    We have seen 26 institutional investors add shares of BTCS Inc. stock to their portfolio, and 47 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • STATE STREET CORP removed 2,369,595 shares (-93.7%) from their portfolio in Q2 2026, for an estimated $2,630,250
    • MILLENNIUM MANAGEMENT LLC added 663,721 shares (+142.8%) to their portfolio in Q2 2026, for an estimated $736,730
    • GEODE CAPITAL MANAGEMENT, LLC removed 658,564 shares (-60.4%) from their portfolio in Q2 2026, for an estimated $731,006
    • HRT FINANCIAL LP added 261,744 shares (+inf%) to their portfolio in Q2 2026, for an estimated $290,535
    • VIDENT ADVISORY, LLC removed 246,140 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $273,215
    • JANE STREET GROUP, LLC added 239,762 shares (+84.8%) to their portfolio in Q2 2026, for an estimated $266,135
    • 683 CAPITAL MANAGEMENT, LLC removed 161,992 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $225,168

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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