Can BTCS INCORPORATED (OTCMKTS:BTCS)’s Tomorrow Be Different? The Stock Had Decline in Shorts

June 19, 2017 - By Louis Casey

The stock of BTCS INCORPORATED (OTCMKTS:BTCS) registered a decrease of 59.98% in short interest. BTCS’s total short interest was 120,100 shares in June as published by FINRA. Its down 59.98% from 300,100 shares, reported previously.

It is 0.00% or $0 reaching $0.06 per share. It is down 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

BTCS Inc., formerly Bitcoin Shop, Inc., is engaged in the business of hosting an online e-commerce marketplace where clients can purchase merchandise using digital currencies, including bitcoin and with activities in the blockchain and digital currency ecosystems. The company has market cap of $952,760. The Firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, have designed a beta secure digital currency storage solution BTCS Wallet. It currently has negative earnings. The Company’s transaction verification services business enables running application-specific integrated circuit (ASIC) servers.

More important recent BTCS Inc (OTCMKTS:BTCS) news were published by: Seekingalpha.com which released: “A Bitcoin Miner In Distress” on July 18, 2016, also Seekingalpha.com published article titled: “Bitcoin on track for worst week in two years”, Seekingalpha.com published: “Cryptocurrencies top $100B market cap” on June 06, 2017. More interesting news about BTCS Inc (OTCMKTS:BTCS) was released by: Seekingalpha.com and their article: “2 Bitcoin Stocks To Watch Closely” with publication date: February 07, 2014.

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