BTCS Inc. Announces Waiver of Market Price Condition and Supplement to Offer to Purchase in Its Series V Preferred Stock Tender Offer

WAYNE, Pa., Nov. 10, 2026 (GLOBE NEWSWIRE) -- BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), short for Blockchain Technology Consensus Solutions, a company focused on decentralized finance operations and blockchain infrastructure, today announced that it has waived one of the conditions to its pending modified Dutch auction cash tender offer for shares of its Series V Preferred Stock (the "Series V Shares") and is proceeding with the offer, and that it has supplemented the Offer to Purchase dated October 26, 2026 to expand its disclosure. The price range of $0.04 to $1.00 per share, the aggregate purchase limit of $500,000 and the expiration of the offer at 5:00 p.m., New York City time, on December 15, 2026 are not changed.

Waiver of condition. The offer was conditioned on, among other things, there not having been a decline of more than 10% in the market price of the Company's common stock from its closing price of $1.08 on October 23, 2026, the last trading day before the offer began. The common stock closed at $0.965 on November 2, 2026, more than 10% below that price. The Company has waived that condition, for the remainder of the offer, insofar as it relates to the market price of the common stock, and is proceeding with the offer on its existing terms. The condition continues to apply to a decline of more than 10% in the Nasdaq Composite Index, and the other conditions described in the Offer to Purchase, as supplemented, remain in effect.