FY2025 Earnings Estimate for BTCS Issued By HC Wainwright

BTCS Inc. (NASDAQ:BTCS) – HC Wainwright issued their FY2025 EPS estimates for shares of BTCS in a report released on Tuesday, December 24th. HC Wainwright analyst K. Dede forecasts that the company will earn ($0.16) per share for the year. HC Wainwright currently has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for BTCS’s current full-year earnings is ($0.08) per share.

BTCS Trading Up 15.8 %

NASDAQ:BTCS opened at $2.86 on Wednesday. The business’s 50-day moving average is $2.66 and its 200 day moving average is $1.79. BTCS has a 12 month low of $0.95 and a 12 month high of $5.41. The company has a market capitalization of $48.69 million, a P/E ratio of 6.98 and a beta of 2.08.

Insider Activity at BTCS

In other BTCS news, Director Melanie Pump sold 22,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $3.49, for a total transaction of $76,780.00. Following the sale, the director now directly owns 38,735 shares in the company, valued at $135,185.15. This represents a 36.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 44.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BTCS

A hedge fund recently bought a new stake in BTCS stock. Virtu Financial LLC acquired a new stake in shares of BTCS Inc. (NASDAQ:BTCS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 23,458 shares of the company’s stock, valued at approximately $27,000. Virtu Financial LLC owned about 0.14% of BTCS as of its most recent SEC filing. Hedge funds and other institutional investors own 3.48% of the company’s stock.

About BTCS

BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.