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home / news releases / BTCS - BTCS Looks Overvalued Based On Fundamentals

BTCS - BTCS Looks Overvalued Based On Fundamentals

BTCS Inc.
  • The company owned a total of 88.1 BTC and 3,249 ETH as of February 20.
  • BTCS is also developing a digital asset data analytics platform and has a transaction verification services operation on Ethereum 2.0.
  • However, its market capitalization stands at $63.2 million, which is almost three times higher than its cryptocurrency and cash position.
  • I think that shares should be worth around $0.42 per share, but shorting the shares is challenging so it could be safer to just avoid this one.

For further details see:

BTCS Looks Overvalued Based On Fundamentals
Stock Information
Company Name: BTCS Inc.
Stock Symbol: BTCS
Market: NASDAQ
Website: btcs.com
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