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

May 17, 2016 BY Maria Nikolova

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…

September 24, 2015 BY Maria Nikolova

BTCS, Spondoolies announce launch of SP50 Bitcoin transaction verification server

The new server is the first collaborative product of the companies, which recently signed a definitive merger agreement.

Tag: BTCS Inc (OTCMKTS:BTCS)