Slide 1: Corporate Presentation
Corporate Presentation BTCS Inc. (Nasdaq: BTCS) March 16, 2022 https://www.btcs.com 1
Slide 2: Safe Harbor
Safe Harbor The following presentation contains statements, estimates, forecasts and projections with respect to future performance and events, which constitute forward-looking statements. Those statements include statements regarding the intent and belief or current expectations of BTCS and its man
Slide 3: BTCS Company Overview
BTCS Company Overview BTCS provides data analytics tools and generates revenue by securing next-generation blockchain infrastructures. Company History Financial Highlights (2021 year ended) Since going public in 2014, BTCS has been the first pure-play U.S. public company to: • $37.8 million cash & c
Slide 4: Blockchain – Crypto Exposure Options
Blockchain – Crypto Exposure Options BTCS offers investors the opportunity to gain exposure to crypto markets with a focus on next- generation blockchains powering Web 3.0 and the growth of NFTs, Defi, and the Metaverse. Direct Crypto VC & Public Companies Ownership Private Inv. Directly investing i
Slide 5: Industry Overview
Update – from accounting deck Industry Overview 5
Slide 6: 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. Blockchains are ushering in an age of asset digitization and transfer without the need for trusted intermediaries (banks, exchanges, governmen
Slide 7: Blockchains Explained
Blockchains Explained A blockchain ledger is a distributed ledger maintained by a network of computer nodes that verify and validate transactions. Traditional vs. Blockchain Systems How Blockchains Work Trust / consensus built into Transaction (payment, contract, record the Blockchain network and et
Slide 8: Enormous Market Opportunity & Relative Comparison
Enormous Market Opportunity & Relative Comparison Web 3.0 and transaction-based industries built on next-generation blockchain technologies represent a multi-trillion market opportunity. 1st Generation Blockchains Next-Generation PoS Blockchains Bitcoin and gold are storers of value. If both assets
Slide 9: Focus on Next-Generation Blockchains
Focus on Next-Generation Blockchains 1st Generation Blockchains Next-Generation Blockchains vs. (Bitcoin) (Web 3.0) • Bitcoin serves as a digital store of value, similar • BTCS focuses on next-generation Proof-of-Stake to gold. Like gold, Bitcoin has a finite supply and (PoS) blockchains that serve
Slide 10: Blockchain Use Cases & Disruption
Blockchain Use Cases & Disruption BTCS powers the infrastructure that serves as the backbone of Web 3.0 • Decentralized finance (DeFi), Non- fungible tokens (NFTs), and the Metaverse utilize smart contract based blockchains. • Proof-of-Stake (PoS) based blockchain infrastructures such as Smart Contr
Slide 11: Corporate Overview
Corporate Overview 11
Slide 12: BTCS Business Model
BTCS Business Model Blockchain Infrastructure Solutions Digital Asset Platform • BTCS secures disruptive next-generation PoS blockchains • BTCS is developing a Digital Asset Platform designed to that can power DeFi, NFT, and Metaverse ecosystems. provide users a one-stop-shop dashboard to consolidat
Slide 13: Staking Overview
Staking Overview What is Staking? Environmentally Friendly • Staking cryptocurrencies is a process that involves committing crypto assets to support and validate transactions on a blockchain More Decentralized network, earning rewards for successful verification of transactions. Higher Transaction •
Slide 14: Understanding Consensus Mechanisms – PoW vs. PoS
Understanding Consensus Mechanisms* – PoW vs. PoS ASIC miners (computers) Pool operators run validator Pooled ASICs solve Pools distribute crypto purchased have $0 residual nodes and pool ASIC complex cryptographic rewards to pool value at end-of-life. computing power to secure puzzles and transacti
Slide 15: Digital Asset Holdings
Digital Asset Holdings +930% increase in fair market value of digital holdings year-over-year as of December 31, 2021. BTCS Holdings* Fair Market Value of Digital Assets ETH** BTC ADA** XTZ** SOL KSM LUNA MATIC AVAX** DOT ALGO ATOM** 8,097 ETH $50m U.S. GAAP requires us to carry our digital 90 BTC a
Slide 16: Blockchains Secured by BTCS
Blockchains Secured by BTCS ETHEREUM TEZOS COSMOS AVALANCHE More scalable. Security focused. The internet of Blazingly fast, More secure. Upgradeable. blockchains. low cost, & eco- More sustainable. Built to last. friendly. POLYGON POLKADOT KUSAMA SOLANA Bringing the world Decentralized Polkadot’s c
Slide 17: Building an Integrated Platform
Building an Integrated Platform BTCS is developing a Digital Asset Platform designed to provide users a one-stop-shop dashboard to consolidate crypto portfolios across multiple exchanges, track cumulative performance, and provide data insights to users while encouraging delegation of user tokens to
Slide 18: BTCS Current Platform
8 BTCS Current Platform ouhourd ee fest Mlocsion ue owe 00 Dashbowd oem 7 © voeen © enc ov ran © coum Winco © om sertnse ka . - : | : A al | me _| € Capital Gains Report Add Exchange sin type Caletation Method Sele rane ¥ Dashboard © estan © Unrealized Gane OFF Ouro * wel Genes 2 bistmp a Keaton & b
Slide 19: Features Under Development / Preview
Features Under Development / Preview 19
Slide 20: A Value Play Amongst Peers
A Value Play Amongst Peers* We believe BTCS Inc. is undervalued compared to its peers. Stock Price Market Price / Company Name 3/11/2022 Cap Cash & Crypto Bitcoin Mining Focused: Marathon Digital Holdings, Inc. $22.49 $2,317m 5.7x Riot Blockchain, Inc. $15.14 $1,472m 9.2x CleanSpark, Inc. $9.93 $412
Slide 21: Management
Management Charles Allen Michal Handerhan CEO and Chairman of the Board COO and Director Charles has been involved in the blockchain industry since its A co-founder of BTCS, Michal supports both our business and earliest days. Since joining BTCS in 2013, he has leveraged his research and development
Slide 22: Independent Directors
Independent Directors David Garrity Director David has over 30 years’ experience in the financial services industry. He has held senior roles including CFO and board of director positions for both publicly- held and private companies, and has extensive experience in several disciplines including ope
Slide 23: Key Service Providers Contact Us
Key Service Providers Contact Us Charles Allen 202-430-6576 (IR #) Transfer Agent ir@btcs.com www.btcs.com Legal Counsel Auditor Mercy Chikowore Media Requests 803-347-6905 mercy@mercyc.com 23
Slide 24: Appendix Blockchain 101
rt Appendix @ Blockchain 101 ES) “E
Slide 25: Blockchains Explained
Blockchains Explained Blockchains are decentralized digital ledgers that record and enable secure peer-to-peer transactions without third party intermediaries. CURRENT TECHNOLOGIES BLOCKCHAINS (Centralized Systems) (Distributed Systems) Trust / consensus entrusted to third Trust / consensus built in
Slide 26: Blockchain Ledger
Blockchain Ledger • A blockchain ledger is a distributed ledger maintained by a • All transactions on a blockchain can be viewed through network of computer nodes that verify and validate blockchain explores which read and display the public transactions. data. • An explorer allows you to look up a
Slide 27: How Blockchains Work
How Blockchains Work A transaction The transaction is broadcasted to The network of nodes uses A verified transaction can is request a peer-to-peer (P2P) network that consensus algorithms to involve cryptocurrency, consists of computers (otherwise validate the transaction contracts, records or other
Slide 28: Consensus Mechanisms to Secure Blockchains
Consensus Mechanisms to Secure Blockchains The key difference between PoW and PoS is the consensus algorithm used by the network nodes. Proof of Work VS Proof of Stake Miners receive block Validating capacity Validators do not receive Mining capacity rewards to solve a depends on the depends on a bl
Slide 29: Blockchain Protocols Value Proposition
Blockchain Protocols Value Proposition Blockchain protocols represent the next-generation of internet technology. Web 1.0 & 2.0 Web 3.0 Information Exchange Era Value Exchange Era 1995 < 2008 < Companies: • Compared to Web 1.0/2.0, Web 3.0 Experience Interface & blockchain protocols handle business
Slide 30: Internet vs. Blockchain Technology Stacks
Internet vs. Blockchain Technology Stacks* Internet Blockchain Technology Overview Stateless Protocol Unable to store data Stateful Protocol Able to both transmit and store data World Wide Web Crypto Currencies Email Identity Management Application Layer Video Streaming Smart Contracts Cloud App
Slide 31: Blockchain Use Case #1: Crypto Currency
Blockchain Use Case #1: Crypto Currency In transitioning to our current monetary system, control of our assets has been yielded to trusted intermediaries that often fail. CREDIT CARDS, GOLD, ELECTRONIC CRYPTO BARTER SILVER FIAT BANKING CURRENCIES Before 600BC 600BC - present C806 - present C1950 - p
Slide 32: Blockchain Use Case #2: Securities
Blockchain Use Case #2: Securities Blockchains have the potential to remove middleman, lower asset exchange fees, and reduce instability of securities markets. Current Process Blockchain Based Shareholders Buyer Seller Buyer Seller Trading EXCHANGE Clearing CLEARING HOUSE Exchange and Post-Trade Blo
Slide 33: Blockchains are in "1st Inning"
Blockchains are in “1st Inning” First 10 Years 10 – 20 Years 20 – 30 Years TCP/IP Email Protocols World Wide Invented Adopted Web Created Internet 1969 1984 1991 1995 Timeline 1972 1983 1989 1994 1999 First Limited DNS Internet Message Established Open Transferred To Public Ethereum Smart Commercial