For the quarter ending 2025-09-30, BTCS had $3,846,862 increase in cash & cash equivalents over the period. -$2,801,009 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 65,588,809 | -13,387,165 |
| Depreciation expense | 915 | 1,778 |
| Stock-based compensation | 5,682 | 3,844,980 |
| Blockchain infrastructure revenue | 4,215,224 | 4,461,133 |
| Receivable for capital shares sold | - | -156,299 |
| Defi revenue | 726,843 | - |
| Builder payments (non-cash) | -3,813,936 | -4,301,615 |
| Blockchain network fees (non-cash) | -3,143 | -6,907 |
| Change in fair value of warrant liabilities | 647,663 | -59,850 |
| Purchase of non-productive crypto assets | 191,256 | - |
| Amortization on debt discount and issuance costs | 603,431 | 150,963 |
| Realized losses on crypto assets transactions | -4,407,773 | -4,159,908 |
| Change in unrealized (appreciation) depreciation of crypto assets | 73,724,881 | -5,737,661 |
| Stablecoins | -328,783 | 36,695 |
| Prepaid expenses and other current assets | -73,516 | 164,284 |
| Accounts payable and accrued expenses | -15,772 | 32,163 |
| Accrued compensation | 430,607 | -3,286,074 |
| Accrued interest | -674,552 | -6,621 |
| Net cash used in operating activities | -2,796,433 | -3,235,514 |
| Purchase of productive crypto assets for validating | 185,679,171 | 14,179,117 |
| Sale of productive crypto assets | 2,366,220 | 1,065,207 |
| Purchase of investments | 150,000 | 250,000 |
| Purchase of property and equipment | 4,576 | 3,446 |
| Sale of property and equipment | 0 | 1,750 |
| Net cash provided by (used in) investing activities | -183,467,527 | -13,365,606 |
| Net proceeds from issuance common stock/ at-the-market offering | 131,081,757 | 4,079,085 |
| Payments for shares repurchased | 3,000,000 | - |
| Proceeds from issuance of convertible notes, net | 9,537,500 | 7,306,000 |
| Proceeds from defi borrowing | 52,500,000 | 5,447,000 |
| Payments to defi borrowing | 0 | 1,447,000 |
| Payments of debt issuance costs | 8,435 | 122,554 |
| Net cash provided by financing activities | 190,110,822 | 15,262,531 |
| Net (decrease)/increase in cash | 3,846,862 | -1,338,589 |
| Cash and cash equivalents at beginning of period | 1,977,778 | - |
| Cash and cash equivalents at end of period | 4,486,051 | - |
BTCS Inc. (BTCS)
BTCS Inc. (BTCS)