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Brief Report for BTCS, Inc. (OTCBB: BTCS)
BTCS Inc. is an early mover in the blockchain and digital currency ecosystems and the first “Pure Play” U.S. public company focused on blockchain technologies. They secure the blockchain through a transaction verification services business and plan to build a broader ecosystem to capitalize on opportunities in this fast-growing multi-billion dollar industry. They are rapidly scaling their low cost transaction verification services business and believe this will provide revenue growth as they evaluate and build additional consumer solutions that leverage blockchain technology.
Feb 24, 2016) – BTCS Inc. has issued this press release announcing that the company and Spondoolies-Tech Ltd., an Israeli transaction verification server manufacturer, received merger approval from the Israeli Office of Chief Scientist. http://www.otcmarkets.com/stock/BTCS/news/Spondoolies-Tech-Receives-Key-Approval-for-Merger-With-BTCS?id=126002&b=y
Feb 23, 2016) – BTCS Inc. released a Letter to Shareholders updating current activities and outlining its corporate strategy for 2016. http://www.otcmarkets.com/stock/BTCS/news/BTCS-Announces-Letter-to-Shareholders-From-CEO?id=125925&b=y
February 22, 2016. The company filed form 8-K regarding a securities escrow agreement with Charles Allen its Chief Executive Officer, Chief Financial Officer and Chairman, and Michal Handerhan, its Chief Operating Officer and corporate secretary whereby they voluntarily agreed to place stock certificates representing 24,000,000 shares of Common Stock (the “Escrow Shares”) into escrow. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11198843
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