Should BTCS Inc (NASDAQ: BTCS) Revive After A -227.88% Drop From Highs?

During the last session, BTCS Inc (NASDAQ:BTCS)’s traded shares were 0.33 million, with the beta value of the company hitting 1.17. At the end of the trading day, the stock’s price was $1.65, reflecting an intraday gain of 10.74% or $0.16. The 52-week high for the BTCS share is $5.41, that puts it down -227.88 from that peak though still a striking 42.42% gain since the share price plummeted to a 52-week low of $0.95. The company’s market capitalization is $33.30M, and the average intraday trading volume over the past 10 days was 0.3 million shares, and the average trade volume was 499.69K shares over the past three months.

BTCS Inc (NASDAQ:BTCS) trade information

BTCS Inc (BTCS) registered a 10.74% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.74% in intraday trading to $1.65, hitting a weekly high. The stock’s 5-day price performance is 13.79%, and it has moved by -13.16% in 30 days. Based on these gigs, the overall price performance for the year is 17.86%. The short interest in BTCS Inc (NASDAQ:BTCS) is 0.47 million shares and it means that shorts have 1.95 day(s) to cover.

BTCS Inc (BTCS) estimates and forecasts

In the rating firms’ projections, revenue will increase 170.04% compared to the previous financial year.

BTCS Dividends

BTCS Inc is due to release its next quarterly earnings on 2025-Mar-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

BTCS Inc (NASDAQ:BTCS)’s Major holders

BTCS Inc insiders own 35.54% of total outstanding shares while institutional holders control 4.67%, with the float percentage being 7.25%. VANGUARD GROUP INC is the largest shareholder of the company, while 25.0 institutions own stock in it. As of 2024-06-30, the company held over 0.37 million shares (or 2.3455% of all shares), a total value of $0.51 million in shares.

The next largest institutional holding, with 92204.0 shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.5876% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.13 million.

Also, the Mutual Funds coming in first place with the largest holdings of BTCS Inc (BTCS) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 280.19 shares. This amounts to just over 4.91 percent of the company’s overall shares, with a $0.46 million market value. The same data shows that the other fund manager holds slightly less at 128.54, or about 2.25% of the stock, which is worth about $0.21 million.