Blink Charging will add cryptocurrency payment options for EV drivers via its app by the end of 2025.
Quiver AI Summary
Blink Charging Co. announced plans to integrate cryptocurrency payment options for electric vehicle (EV) charging at its chargers by the end of 2025. This initiative aims to combine the rapidly growing sectors of EV infrastructure and digital currency, allowing EV drivers to pay for charging through the Blink Charging App. Blink’s Chief Technology Officer, Harmeet Singh, emphasized the company's commitment to innovation, believing that the EV community is primed for such advancements. Alongside the cryptocurrency payment feature, Blink intends to introduce loyalty rewards and other enhancements to increase convenience for users. Further details on the crypto strategy will be shared later this year, reinforcing Blink's mission to provide flexible payment options for EV drivers.
Potential Positives
- Blink Charging Co. is integrating cryptocurrency payment options at its EV charging stations, positioning itself at the forefront of the convergence between EV infrastructure and digital finance.
- The initiative caters to the tech-savvy EV community, potentially increasing customer loyalty and enhancing user experience through innovative payment solutions.
- Bloom plans to enhance its crypto strategy with possible loyalty rewards programs and other features, indicating a commitment to continually improving user value and engagement.
Potential Negatives
- Integration of cryptocurrency payment options could alienate traditional customers who prefer conventional payment methods, potentially limiting the customer base.
- The announcement may indicate a risky pivot in strategy, as reliance on digital currencies can lead to volatility and uncertainty in payment processing.
- Forward-looking statements regarding financial targets introduce concerns about the company's ability to achieve its projections, exposing the company to scrutiny from investors and analysts.
FAQ
When will Blink Charging integrate cryptocurrency payments?
Blink Charging plans to integrate cryptocurrency payment options by the end of 2025.
How will Blink's crypto payments work for EV drivers?
EV drivers will use the Blink Charging App to pay for charging sessions with cryptocurrency.
What benefits will come with using cryptocurrency at Blink chargers?
Drivers can expect greater convenience, flexibility, and potential cost savings when paying with cryptocurrency.
Will there be additional features after the cryptocurrency launch?
Yes, Blink plans to introduce loyalty rewards programs and other enhancements later this year.
What is Blink Charging's main business focus?
Blink Charging specializes in electric vehicle charging equipment and services, facilitating the transition to electric transportation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BLNK Hedge Fund Activity
We have seen 48 institutional investors add shares of $BLNK stock to their portfolio, and 109 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP removed 4,845,379 shares (-90.3%) from their portfolio in Q2 2025, for an estimated $4,554,171
- BLACKROCK, INC. removed 4,750,388 shares (-69.5%) from their portfolio in Q2 2025, for an estimated $4,464,889
- MILLENNIUM MANAGEMENT LLC added 2,051,513 shares (+1992.5%) to their portfolio in Q2 2025, for an estimated $1,928,217
- GEODE CAPITAL MANAGEMENT, LLC removed 1,233,853 shares (-50.0%) from their portfolio in Q2 2025, for an estimated $1,159,698
- INVESCO LTD. removed 1,185,794 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,114,527
- AQR CAPITAL MANAGEMENT LLC removed 751,619 shares (-85.0%) from their portfolio in Q2 2025, for an estimated $706,446
- VANGUARD GROUP INC removed 702,454 shares (-13.7%) from their portfolio in Q2 2025, for an estimated $660,236
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$BLNK Analyst Ratings
Wall Street analysts have issued reports on $BLNK in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 08/19/2025
- Roth MKM issued a "Buy" rating on 03/14/2025
- Benchmark issued a "Buy" rating on 03/14/2025
To track analyst ratings and price targets for $BLNK, check out Quiver Quantitative's $BLNK forecast page.
$BLNK Price Targets
Multiple analysts have issued price targets for $BLNK recently. We have seen 6 analysts offer price targets for $BLNK in the last 6 months, with a median target of $1.5.
Here are some recent targets:
- Sameer Joshi from HC Wainwright & Co. set a target price of $5.0 on 08/19/2025
- Christine Cho from Barclays set a target price of $1.0 on 07/23/2025
- Stephen Gengaro from Stifel set a target price of $1.0 on 05/27/2025
- William Grippin from UBS set a target price of $0.8 on 04/17/2025
- Craig Irwin from Roth MKM set a target price of $3.0 on 03/14/2025
- Mickey Legg from Benchmark set a target price of $2.0 on 03/14/2025
Full Release
EV drivers will be able to seamlessly pay with cryptocurrency at Blink chargers before the end of this year
Bowie, Md., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced its innovative move to integrate cryptocurrency payment options across the Blink Network by the end of 2025.
This forward-looking direction positions Blink at the intersection of two rapidly evolving industries: EV charging infrastructure and digital assets. Through the Blink Charging App, EV drivers may soon have the ability to power their charging sessions using emerging technologies that are reshaping global finance.
“The EV community is one of early adopters,” said Harmeet Singh, Chief Technology Officer at Blink. “EV drivers propel innovation and embrace the future before it becomes the norm and we’re excited to be able to serve the community with the latest technology in payments. We believe EVs represent a major part of the future of transportation, just as cryptocurrency and digital assets are increasingly shaping the future of finance. At Blink, our vision is to bring these two transformative trends together, providing drivers with greater convenience, flexibility, and potential cost savings.”
Blink plans to continue developing its crypto strategy with additional details to be shared later this year. These may include loyalty rewards programs and other features designed to enhance driver value, with broader rollout targeted before year-end.
By exploring the use of digital currencies, Blink is advancing its commitment to making charging more seamless and convenient while giving EV drivers additional payment choices over time.
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit https://blinkcharging.com/
Forward-Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving its 2025 revenue and gross margin targets and its projected 2025 adjusted EBITDA run rate and timeline, and the risk factors described in Blink’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Blink Media Contact
Felicitas Massa
[email protected]
305-521-0200 ext. 266
Blink Investor Relations Contact
Vitalie Stelea
[email protected]
305-521-0200 ext. 446