Bitcoin firm BTCS incurs $2.25 million impairment loss as a result of Spondoolies demise LeapRate

Bitcoin firm BTCS incurs $2.25 million impairment loss as a result of Spondoolies demise

BTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc, has just filed its financial report for the quarter to March 31, 2016, with the company staying in the red, although revenues showed a significant rise from the same period a year earlier. The company posted a net loss of $2.04 million, reflecting high operating expenses.…

February 25, 2016 BY Maria Nikolova

Israeli OCS approves merger of Spondoolies-Tech and Bitcoin firm BTCS

Israel's Office of Chief Scientist (OCS) has approved the proposed merger of blochain technology focused group BTCS Inc (OTCMKTS:BTCS) and Israeli transaction verification server manufacturer Spondoolies-Tech Ltd. The companies receive this regulatory nod of consent about five months after they sealed a definitive merger agreement. The OCS approval is one of two key conditions for…

Tag: Bitcoin merger

Bitcoin firm BTCS incurs $2.25 million impairment loss as a result of Spondoolies demise

Israeli OCS approves merger of Spondoolies-Tech and Bitcoin firm BTCS

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