BTCS Posts $10 Million+ Loss In 2015 Despite Revenue Gain

BTCS Posts $10 Million+ Loss In 2015 Despite Revenue Gain

BTCS Inc., a provider of ecommerce and bitcoin transaction verification services, suffered a $10 million-plus net loss in 2015 despite a revenue gain, according to a 10-K form filed with the U.S. Securities Exchange Commission for fiscal 2015. The statement noted net losses of $14,757,016 and $10,047,036 in 2014 and 2015, respectively. Total revenues were $38,214 and $506,190 for 2014 and 2015, respectively. Revenues came from processing customer transactions through the ecommerce website and from fees for transaction verification services. Formerly Bitcoin Shop, Inc., BTCS in February....


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