Tag: BTCS

May 11, 2016 BY Maria Nikolova

Israeli court appoints temporary liquidator for Spondoolies

Less than three months after Israel’s Office of Chief Scientist (OCS) approved the proposed merger of blockchain technology focused group BTCS Inc (OTCMKTS:BTCS) and Spondoolies-Tech Ltd, the Israeli transaction verification server manufacturer ceased operations. On May 4, 2016, a hearing was held in the district court in Beersheva, Israel during which certain parties sought appointment of…

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February 19, 2016 BY Maria Nikolova

Bitcoin firm BTCS incurs net loss of $10 million in FY 2015

BTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc., has just published its report for the fiscal year to December 31, 2015, with the data revealing a rise in revenues and a heavy net loss, reflecting mostly high operating expenses. The numbers are hardly surprising for anyone monitoring the fortunes of BTCS, which has been…

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January 14, 2016 BY Maria Nikolova

Bitcoin firm BTCS generates 1,797 bitcoins in FY 2015

BTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc., has provided a performance update for last year and struck a positive note about its future operations. The blockchain technology focused company said it generated 1,797 bitcoins for the year ended December 31, 2015 from its transaction verification services, a jump of 3,389% over total bitcoins…

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November 16, 2015 BY Maria Nikolova

Bitcoin firm BTCS incurs $3.82M loss in Q3 2015

BTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc., has just filed a report with the U.S. Securities and Exchange Commission (SEC) regarding its results for the three months to September 30, 2015. Adding to the gloomy financial metrics for the first half of 2015, when the company posted a net loss of $4.6 million,…

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