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BTCS Reports Gross Profit of $1.5 Million and 61% Gross Margin for Second Quarter 2026

Globe Newswire•20/08/2026•08:30 ET
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Whiz Insights

WAYNE, Pa., Aug. 20, 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 its financial results for the quarter ended June 30, 2026 (“Q2 2026”). The Company also released an updated investor presentation available at www.btcs.com/investors/.

“The second quarter of 2026 demonstrated meaningful progress toward profitability, with improved margins even amid a volatile and down crypto market,” said Charles Allen, Chief Executive Officer. “BTCS generated $2.4 million in total revenue and delivered $1.5 million in gross profit at a 61% gross margin. Our DeFi business line, Imperium, was a key driver of our gross profit and margin for the quarter, representing 61% of total revenue. As we continue to scale our operations, we expect Imperium to remain a top priority and leading financial driver for the remainder of the year.”

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