BTCS is a site offering a holistic solution to all things Bitcoin. BTCS focuses on 4 major objectives: spending your Bitcoin, storing your Bitcoin, mining your Bitcoin, together with exchanging it at diverse POS terminals across the country.
In BTCS’ ain words:
“BTCS plans to leverage its transaction verification services trace concern spell it builds a universal digital currency platform amongst the goal of enabling users to engage inwards the digital currency ecosystem through i betoken of access. We are currently engaged inwards transaction verification services together with piece of job our populace beta site (www.btcs.com) where consumers tin buy products using digital currency such equally Bitcoin, litecoin together with dogecoin, past times searching through a pick of over 250,000 items.”
Just recently, BTCS announced its attainment of $2.3 i G 1000 inwards financing that resulted from selling 7,708,342 units, amongst each unit of measurement consisting of i share, equally good equally 1.4 warrants all for the cost of $0.30. If involve be, the warrants included inwards the stock are exercisable into an aggregate of 10,791,684 shares at a cost of $0.375. If the investors ever decided to invest to a greater extent than into BTCS, these offers an tardily agency to doing so.
“On Apr xx nosotros unopen a $2.3m financing at about a 20% premium to market. The Pb investor participated for $1m together with was followed past times xviii other high internet worth individuals together with hedge funds. Michal Handerhan, our COO, together with Charles Allen, our CEO, likewise participated inwards the offering for aggregate proceeds of $40k. We conception to role the funds to farther expand our transaction verification services business.”
Charles Allen commented regarding the investing equally good equally the prime number chance BTCS is taking wages of correct now.
“We believe the sustained pass upwards inwards the cost of Bitcoin has created tremendous opportunities for us to expand farther our trace concern together with seize opportunities created from the marketplace downturn. With the completion of this financing nosotros believe nosotros are well-positioned to live on a leading bitcoin together with blockchain focused company.”
Bitcoinist
interviewed BTCS inwards the past, sitting down amongst Charles Allen. BTCS is a fellowship that is e'er looking to ameliorate upon their marrow foundation. Take, for example, the
additional acquisition of Coin Outlet equity earlier this month, equally good equally the novel servers that Pb to lower costs equally good equally adding to a greater extent than hashing power.
Have you lot used BTCS inwards the past? How was it? Let us know inwards the comments below!
Written by: