HC Wainwright Comments on BTCS’s Q1 Earnings (NASDAQ:BTCS)

BTCS Inc. (NASDAQ:BTCS) – HC Wainwright issued their Q1 2026 earnings estimates for shares of BTCS in a research report issued to clients and investors on Tuesday, March 31st. HC Wainwright analyst K. Dede expects that the company will post earnings of $0.00 per share for the quarter. HC Wainwright has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for BTCS’s current full-year earnings is ($0.08) per share. HC Wainwright also issued estimates for BTCS’s Q2 2026 earnings at $0.00 EPS, Q3 2026 earnings at $0.01 EPS and Q4 2026 earnings at $0.01 EPS.

BTCS (NASDAQ:BTCS) last announced its quarterly earnings results on Friday, March 27th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The firm had revenue of $7.09 million for the quarter, compared to analyst estimates of $4.50 million. BTCS had a negative return on equity of 14.97% and a negative net margin of 202.29%.

A number of other equities research analysts also recently commented on BTCS. Wall Street Zen downgraded BTCS from a “hold” rating to a “strong sell” rating in a research report on Saturday, March 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of BTCS in a report on Friday, March 27th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.00.

BTCS Stock Performance

BTCS opened at $1.39 on Wednesday. The stock has a market capitalization of $69.15 million, a PE ratio of -0.73 and a beta of 3.25. BTCS has a one year low of $1.25 and a one year high of $8.49. The company has a debt-to-equity ratio of 0.09, a quick ratio of 3.38 and a current ratio of 3.38. The business’s 50 day moving average price is $1.80 and its 200 day moving average price is $2.98.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in shares of BTCS by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 117,717 shares of the company’s stock valued at $259,000 after buying an additional 3,172 shares during the period. Invesco Ltd. boosted its holdings in BTCS by 10.5% during the 4th quarter. Invesco Ltd. now owns 73,811 shares of the company’s stock valued at $195,000 after acquiring an additional 6,997 shares during the period. ACT Wealth Management LLC boosted its holdings in BTCS by 66.7% during the 4th quarter. ACT Wealth Management LLC now owns 20,000 shares of the company’s stock valued at $53,000 after acquiring an additional 8,000 shares during the period. Commonwealth Equity Services LLC grew its position in BTCS by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 116,591 shares of the company’s stock valued at $308,000 after acquiring an additional 8,422 shares in the last quarter. Finally, Bank of America Corp DE grew its position in BTCS by 1,856.8% in the 3rd quarter. Bank of America Corp DE now owns 10,880 shares of the company’s stock valued at $53,000 after acquiring an additional 10,324 shares in the last quarter. 3.48% of the stock is currently owned by hedge funds and other institutional investors.

About BTCS

BTCS, Inc (NASDAQ: BTCS) is a digital asset technology company focused on blockchain infrastructure and related investments. Originally founded in 2012 as Bitcoin Shop, Inc, the company pivoted in 2018 to concentrate on blockchain technology applications, digital asset management and strategic investments in early-stage ventures. BTCS holds a diversified portfolio that includes cryptocurrency mining equipment, digital wallets, and equity stakes in promising blockchain startups.

In its mining operations, BTCS acquires and manages mining hardware to secure blockchain networks and generate newly minted digital tokens.