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BTCS Reports Record $4.94 Million Revenue in Q3 2025 Earnings
BTCS reported a transformative Q3 2025 with record revenue of $4.94 million, marking a 568% increase year-over-year and 78% sequential growth.
- The company's Ethereum-focused strategy increased its net income to $65.59 million, largely due to $73.72 million in unrealized gains from Ethereum's appreciation.
- BTCS now holds 70,322 ETH, valued at $291.58 million as of September 30, making it highly Ethereum-exposed among US public companies.
- CEO Charles Allen highlighted significant achievements, including raising over $200 million and launching a share repurchase program.
Strategic Capital Moves
- Nine-month revenue reached $9.40 million, surpassing full-year 2024 revenue by over 2.3 times.
- First-ever Ethereum dividend and loyalty reward significantly reduced short interest.
- $50 million share repurchase program executed, buying stock at about 15% below average issuance prices.
Ethereum Price Analysis
Ethereum trades at approximately $3,183, facing a third consecutive losing session. The price is testing the lower Bollinger Band at $3,146, with resistance at the middle band of $3,409.
- Momentum indicators show bearish pressure with RSI at 36.51, not yet oversold.
- A break below $3,146 could lead to further decline towards $3,000.
- Bulls need to reclaim $3,409 for potential bullish momentum and reversal indication.
