Btcs Inc. · NASDAQ:BTCS
Btcs — Investor Presentation (May 2026)
32 slides from Btcs's investor presentation, May 2026
Slide 1: Investor Presentation May 2026
Investor Presentation May 2026 www.btcs.com
Slide 2: Safe Harbor
Safe Harbor Forward-Looking Statements: Certain statements in this presentation constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These include, without limitation, statements regarding grow
Slide 3: Blockchain Technology Consensus Solutions
Blockchain Technology Consensus Solutions BTCS is a publicly traded Ethereum-focused blockchain technology company that generates revenue from its three distinct business lines, NodeOps, Builder+, and Imperium. The Company’s approach emphasizes disciplined execution, growth, and the efficient deploy
Slide 4: Ethereum’s Performance
Ethereum’s Performance (1) 45,000% Ethereum is the Best-Performing Asset Since 2016 40,000% 35,000% Ethereum 30,000% Bitcoin Nvidia 25,000% Strategy 20,000% 20,490% 15,000% 11,110% 10,000% 10,820% 5,000% 0% 750% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1. Cumulative return using monthl
Slide 5: Ethereum Adoption
Ethereum Adoption Ethereum is the world’s leading smart contract blockchain that powers the tokenization of real-world assets. Ethereum is used by the largest institutions in the world to build stablecoins, tokenize equities, and transform the new digital economy. Real World Assets on Ethereum(1) In
Slide 6: Crypto Regulatory Update
Crypto Regulatory Update Regulatory clarity may support institutional participation Market Structure Legislation in Progress: • The CLARITY Act aims to define regulatory jurisdiction between the SEC and CFTC for digital assets • Seeks to distinguish securities from digital commodities • Would establ
Slide 7: The Ethereum and DeFi Economy
The Ethereum and DeFi Economy Imperium Operates in a Rapidly Expanding On-Chain Financial System 25% • $88B of capital is locked in DeFi protocols, forming a deep 22% Spot Trading Is Moving On-Chain liquidity base for lending, staking, and liquidity provisioning1. 20% • Stablecoin transaction volume
Slide 8: Public Markets – Blockchain Exposure
Public Markets – Blockchain Exposure Investors have multiple avenues to gain exposure to digital assets, but not all exposure is equal: Exchange Traded Fund Digital Asset Treasury ETH 1:1 Yield Integrated Operations DeFi / TradFi Capital Formation Participation in DeFi Economy BTCS is a publicly tra
Slide 9: DeFi/TradFi Accretion Flywheel
DeFi/TradFi Accretion Flywheel The DeFi/TradFi Accretion Flywheel is a capital strategy that BTCS uses to efficiently raise capital, accumulate assets, and generate scalable revenue. Share Appreciation Staking Generate Drive Revenue Strategic Revenue & Capital Raise Grow Assets DeFi Block Building A
Slide 10: Multibillion-Dollar Ethereum Markets
Multibillion-Dollar Ethereum Markets BTCS’s NodeOps, Builder+, and Imperium business lines operate in complementary, multibillion-dollar segments of the Ethereum ecosystem, spanning staking, transaction fee capture, and decentralized finance, each tapping into substantial institutional and on-chain
Slide 11: Three Pillars of Revenue Generation
Three Pillars of Revenue Generation BTCS is positioned to generate scalable, high-margin revenue through its integrated on-chain operations across validators, block building, and DeFi markets. Staking Through Solo and Build Blocks Participate in On-Chain Rocket Pool Nodes for Validators DeFi Markets
Slide 12: Revenue Breakdown
Revenue Breakdown BTCS's revenue mix has shifted meaningfully since 2025 toward Imperium, its high-margin, high-growth DeFi segment. Imperium has emerged as a core growth driver, accounting for nearly 50% of Q1 2026 revenue, and will remain a strategic priority throughout the year. 47% Imperium 6% N
Slide 13: Revenue and Gross Margin
Revenue and Gross Margin Quarterly Revenue Gross Margin $8 M 50% 47% $7.0 M 40% $6 M $4.9 M 30% 22% $4 M 20% $2.8 M $2.3 M 12% $2.1 M $2 M 10% 7% $1.7 M $0.6 M $0.7 M -3% $0.4 M 0% $0 M 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 No
Slide 14: First Quarter 2026 Financial Highlights
First Quarter 2026 Financial Highlights Income Statement Q1 2025 Q1 2026 % Change Revenues $1.7 m $2.1 m 27% Cost of Revenues ($1.6m) ($1.1 m) -28% Gross Profit $0.1m $1.0 m 745% Gross Margin 7% 47% 564% Operating Expenses ($1.7 m) ($3.7 m) -102% Gain (Losses) on Digital Assets(1) ($15.9 m) ($65.0 m
Slide 15: Capitalization Table
Capitalization Table (1) Equity Instrument Fully Diluted Common Shares (2) Common Stock 46, 706,099 Restricted Common Stock (Not Vested) (2) 3,069,272 Restricted Stock Units Issued (Not Vested) 2,681,835 Convertible Debt (weighted average conversion price of $8.47) 2,107,757 Options to Purchase Comm
Slide 16: Leadership Team & Board
Leadership Team & Board Executive Team: Board of Directors: Charles Allen Michael Prevoznik Melanie Pump Charlie Lee Chief Executive Officer & Chief Financial Officer Director Director Chairman of the Board For full biographies of our Leadership Team and Board of Directors, visit our website at www.
Slide 17: Key Takeaways
Key Takeaways BTCS Annual Revenue Growing revenue, scaling operations, and improving margin $20 M $16.5 M $10 M $4.1 M $1.3 M $0 M 2023 2024 2025 Financial flexibility to raise accretive capital Market Cap $150 M $124 M $100 M Most seasoned public crypto company with experienced leadership $46 M $50
Slide 18: Appendix
Appendix Investors Social Media Channels ir@btcs.com www.twitter.com/NasdaqBTCS www.btcs.com www.linkedin.com/company/nasdaq-btcs www.btcs.com/investors/ www.youtube.com/c/BTCSInc www.btcs.com/news-media/ www.btcs.com/research-thought-leadership/
Slide 19: NASDAQ : BTCS
www.btcs.com/builder NASDAQ : BTCS 19
Slide 20: Basics of Transaction Flow on Ethereum
Basics of Transaction Flow on Ethereum Mempool: Next When a user initiates a transaction, it goes to the mempool, a Confirmed temporary storage for pending transactions awaiting Mempool Builder Validator Block confirmation and inclusion in a block. Transactions in the mempool are publicly accessible
Slide 21: Builders and Block Construction
Builders and Block Construction What is Builder+? Builder+ is our Ethereum block builder, which utilizes advanced algorithms to meticulously construct optimized blocks for on-chain validation designed to maximize revenue (MEV). Builders monitor the Ethereum transaction queue (mempool) for pending tr
Slide 22: Block Building on Ethereum
Block Building on Ethereum $ (Cost of Sales) Acquire Block Space ▪ Process: Builder+ strategically participates in the Proposer-Builder Separation (PBS) auction system, bidding to secure the right to populate the next block in the chain from the current validator. Block Space Validator ▪ Objective:
Slide 23: Ethereum Transaction Process Flow
Ethereum Transaction Process Flow NASDAQ : BTCS 23 * BTCS does not include transactions with addresses on OFAC’s Specially Designated Nationals and Blocked Persons list and certain other addresses
Slide 24: Blockchain Basics
Blockchain Basics Blockchain Basics NASDAQ : BTCS 24
Slide 25: Blockchains Explained
Blockchains Explained A blockchain ledger is a distributed ledger maintained by a network of computer nodes that validate transactions. Traditional vs. Blockchain Systems How Blockchains Work Distributed ledgers allow for ownership of assets to be recorded through a Transaction (payment, contract, p
Slide 26: Blockchains Ushering in a New Era of Technology
Blockchains Ushering in a New Era of Technology The computer and internet age ushered in the digitization and proliferation of information on a global scale. Ethereum is ushering in an age of real-world asset tokenization and transfer without trusted intermediaries (banks, exchanges, etc.) The inter
Slide 27: Next-Gen PoS Opportunity & Relative Comparison
Next-Gen PoS Opportunity & Relative Comparison Web 3 and transaction-based industries built on next-generation blockchain technologies represent a multi-trillion market opportunity. Next-Generation Blockchains e.g. Ethereum The internet’s future can be transformed by next-generation 1st Generation B
Slide 28: Traditional vs Decentralized Finance Example
Traditional vs Decentralized Finance Example Decentralized Finance Built on Ethereum Traditional Finance Built on Ethereum, Aave and other DeFi protocols solve inefficiencies in traditional finance by enabling instant, permissionless lending and borrowing. By replacing brick and mortar intermediarie
Slide 29: Ethereum By the Numbers
Ethereum By the Numbers Ethereum By the Numbers NASDAQ : BTCS 29
Slide 30: Ethereum Statistics
Ethereum Statistics Ethereum (ETH) is the foundation of BTCS’s blockchain infrastructure strategy, with its unparalleled ecosystem and commitment to innovation aligning seamlessly with our vision for secure, scalable growth. NASDAQ : BTCS 30 Source: https://beaconcha.in/charts/staked_ether
Slide 31: Ethereum Compared to Legacy Store of Value Assets
Ethereum Compared to Legacy Store of Value Assets NASDAQ : BTCS Electric Capital: https://electriccapital.substack.com/p/beyond-stablecoins-the-case-for-ethereum 31
Slide 32: ETH – Stablecoin Flywheel
ETH – Stablecoin Flywheel NASDAQ : BTCS Electric Capital: https://electriccapital.substack.com/p/beyond-stablecoins-the-case-for-ethereum 32