BTCS Inc. Granted DTC Eligibility for Series V Preferred Stock
11 Maio 2023 - 9:00AM
BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain
technology-focused company, is pleased to announce that the
Depository Trust Company (“DTC”) granted eligibility to the
Company’s Series V Preferred Stock. DTC eligibility allows the
Series V shares to be eligible for depository and book-entry
services at DTC.
“This is a long-awaited moment for BTCS and our
shareholders, as DTC’s grant of eligibility removes the final
hurdle to issuing our long-awaited Series V dividend,” said BTCS
CEO Charles Allen.
Each share of Series V is intended to be listed
on a securities exchange platform that utilizes blockchain
technology to facilitate instantaneous trade settlement. We have
applied to have our shares listed on Upstream exchange and are
currently working through the application process. Upstream
utilizes the Ethereum blockchain, which BTCS has been generating
revenue securing since 2021.
Distribution: Entitled common share stockholder
will receive Series V shares on a 1:1
basisEx-Date: May 11, 2023Record
Date: May 12, 2023Payment Date: June 2,
2023Transfer Agent: Equity Stock Transfer
The Company has also launched a dedicated
website page to provide detailed information on the Series V
dividend, including a timeline and answers to frequently asked
questions (FAQs) at: www.btcs.com/seriesv.
About BTCS:BTCS Inc. is a
Nasdaq listed company operating in the blockchain technology space
since 2014 and is one of the first U.S. publicly traded companies
with a primary focus on blockchain infrastructure and staking. BTCS
secures and operates validator nodes on disruptive next-generation
blockchain networks that power Web 3, earning native token rewards
by staking our proof-of-stake crypto assets. “StakeSeeker” is BTCS’
newly introduced proprietary Cryptocurrency Dashboard and
Staking-as-a-Service platform, developed to empower users to better
understand and grow their crypto holdings with innovative portfolio
analytics and a non-custodial process to earn staking rewards on
crypto asset holdings. Users can easily link and monitor their
cryptocurrency portfolios across exchanges, wallets, validator
nodes, and other sources; and have access to a suite of data
analytic tools such as performance and reward tracking.
StakeSeeker’s Staking Hub allows users to earn rewards by directly
participating in network consensus mechanisms by staking and
delegating their cryptocurrencies to company-operated validator
nodes for a growing number of supported blockchains. As a
non-custodial validator operator, BTCS receives a percentage of
token holders staking rewards generated as a validator node fee,
creating the potential opportunity for a highly scalable business
with limited additional costs. For more information visit:
www.btcs.com.
Forward-Looking
Statements:Certain statements in this press release,
constitute “forward-looking statements” within the meaning of the
federal securities laws including statements regarding the
potential distribution of Series V including its timing, and terms,
listing on a securities exchange platform that utilizes blockchain
technology as well as the perceived and anticipated benefits to
shareholders and the financial markets in general of the Series V
and blockchain technology. Words such as “may,” “might,” “will,”
“should,” “believe,” “expect,” “anticipate,” “estimate,”
“continue,” “predict,” “forecast,” “project,” “plan,” “intend” or
similar expressions, or statements regarding intent, belief, or
current expectations, are forward-looking statements. While the
Company believes these forward-looking statements are reasonable,
undue reliance should not be placed on any such forward-looking
statements, which are based on information available to us on the
date of this release. These forward-looking statements are based
upon current estimates and assumptions and are subject to various
risks and uncertainties, including without limitation, the
possibility that the Company does not proceed with the Series V
distribution due to administrative, regulatory or other challenges,
the Company’s broad discretion with respect to the Series V,
possible trading volatility, pricing discrepancies or other
negative characteristics of the exchange selected for trading,
including unanticipated consequences resulting from being on the
selected exchange, dilution, future regulatory issues, market or
economic downturns or other adverse developments with respect to
our business and the digital assets on which it depends, as well as
risks set forth in the Company’s filings with the Securities and
Exchange Commission including its Form 10-K for the year ended
December 31, 2022. Thus, actual results could be materially
different. The Company expressly disclaims any obligation to update
or alter statements, whether as a result of new information, future
events or otherwise, except as required by law.
Investor Relations:ir@btcs.com
BTCS (NASDAQ:BTCS)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
BTCS (NASDAQ:BTCS)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024