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BTCS - BCTS: A Speculative Crypto Company Without A Hook
BTCS Inc.
On the positive side, the Company's Digital Assets portfolio is appreciating.
Operations are unproven and burning cash, however.
The share price has fallen dramatically since earlier in 2021.
Common stock outstanding has more than doubled year over year.
After its large decline, I am NEUTRAL on the Company and suspect investors will be better served directly investing in Bitcoin, Ethereum and other crypto assets rather than the Company.