Bitcoin Shop Posts Video Presentation

Bitcoin Shop Posts Video Presentation

Bitcoin Shop, Inc.(OTCQB: BTCS) ("BTCS" or the "Company"), a blockchain technology company that engages in transaction verification services, announced the release of a video from its Chairman and CEO Charles Allen. In the video, Allen discusses recently disclosed developments and provides a tour of the Company's North Carolina facility.

Highlights of the video include commentary on the recently announced pending merger with Spondoolies-Tech, including post-merger valuation metrics and peer comparisons, as well as revenue information related to the Company's transaction verification services for both 2014 and Q1 2015. Additionally, Allen discusses the Company's near-term plans to increase capacity at its North Carolina facility and the potential positive financial impacts of bringing Spondoolies' highly-efficient next-generation servers online.

The video update is available at: https://youtu.be/b2DA98yeGho

"We believe we're well-positioned to achieve key milestones on multiple fronts in the coming months that could lead to significant shareholder value improvement," stated Allen. "Our planned merger with Spondoolies will bring together a phenomenal team with the shared vision and work ethic necessary to capitalize on the immense opportunities in the digital currency space. I look forward to providing future updates as we move forward."

About BTCS

BTCS is a blockchain technology company that provides transaction verification services for digital currency. BTCS is building a universal digital currency platform with the goal of enabling users to engage in the digital currency ecosystem through one point of access. BTCS continues to actively partner and integrate with strategic digital currency technology companies who provide products or services that are complementary to its business strategy. BTCS operates its public beta site (www.btcs.com) where consumers can purchase products using digital currency such as bitcoin, litecoin, and dogecoin, by searching through a selection of over 250,000 items.

For more information about BTCS visit: http://www.btcs.com/

Forward-Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe,""expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its digital currency business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.


Related News

Bitcoin-accepting Subway sandwich shop discovered in the US

Another Subway sandwich shop is now accepting payment by bitcoin. The shop, in Allentown, Pennslyvania in the US, is the second bitcoin-accepting Subway to come to light after an outlet in Moscow was found to be offering a 10% discount to bitcoiners. Hints that the shop accepted bitcoin first emerged in a photo of a shop window bitcoin advert for the shop on 8th November. Sceptical Redditors questioned whether the photo was legit: "Anyone could have taped the sign to the window," wrote one. Two days later, on 10th November, video proof was posted by redditor xzclusiv3, showing a purchase....

Bitcoin ATM Thieves Strike Atlanta Smoke Shop

A smoke shop in Atlanta, Georgia, was robbed of its bitcoin ATM during a brazen heist this week. According to a report provided to CoinDesk by the Atlanta Police Department, the Village Smoke Shop on Juniper Street had its Lamassu bitcoin ATM stolen at approximately 10:45 PM EDT on Tuesday night. Video surveillance of the incident was published earlier today. The incident report notes: "When the suspects were confronted by employees, one of the suspects brandished a handgun and fired one into the floor of the business before fleeing with the machine. The suspects were observed entering a....

Gavin Andresen: We Have a Bitcoin Soft Fork Going On - ETA of Increased Block Size "6 Months to a Year"

I saw Gavin Andresen throughout the day, mostly while he was giving a presentation. Though I was lucky enough to sit down with Gavin and Mike (Hearn) during lunch. However their 'tech speak' went a bit over my head while I quietly observed and ate the delicious dinner that had been prepared by the venue. It was not until the Blockchain.info after-party that I managed to get Gavin on his own for a little while for a chat and an interview. What do you hope the audience got from your presentation? Gavin Andresen: "Whenever I do a presentation, I'm hoping that I don't bore them, hoping that I....

Andreas M. Antonopoulos - The most compelling presentation on the value of Bitcoin (videos)

We received a pleasant email today with a link to some great videos of Andreas M. Antonopoulos by Valerian Bennet, she wrote: My name is Valerian Bennett and I shot video of a speech by Andreas M. Antonopoulos (Let's Talk Bitcoin) at the recent Los Angeles Bitcoin Meetup. I think he gives the most compelling presentation on the value of Bitcoin (the network, the protocol, the invention) anyone has ever made. So enjoy: Credit: Valerian Bennett -

Shop.com Announces Cryptocurrency Acceptance to ‘Kick off the Next Chapter’ o...

This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash, and several other digital assets can be used to purchase products via Shop.com’s websites. Shop.com Now Accepts Digital Currencies via Bitpay Shop.com is accepting cryptocurrencies via Bitpay, the largest crypto payment service provider in the world. Steve Ashley the president and COO of....