Our goal is to enable users to engage in the digital currency ecosystem through one point of access - our universal digital currency platform. Bitcoin Shop, Inc. ("BTCS") is an early mover in the digital currency ecosystem and one of the first U.S. publicly traded companies in the space. As a firm believer in the blockchain technology, we offer various solutions including Bitcoin Shop - our ecommerce store which accepts a variety of digital currencies, BTCS Wallet - our secure storage solution and more. We deliver each solution by leveraging innovative technologies. We also leverage the services offered by our strategic partners. To date we have made investments in and partnered with 4 key digital currency companies including: GoCoin, Gem, Expresscoin, and Coin Outlet.
Explore our solutions by clicking the tabs on the left. To learn more about our investments and other public information, visit our Investor Relations page.
Bitcoin is a payment system developed as open source software in 2009. The system is peer-to-peer; users can interact directly without needing an intermediary. All transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain.
The blockchain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. We strongly encourage you to view the short video below.
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The future of bitcoin (starts 15:40) 
December 18, 2014 - www.rt.com |
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Second Bitcoin Auction Draws Fewer Bidders
December 4, 2014 - www.nytimes.com |
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On the Auction Block: 50,000 Bitcoins
December 4, 2014 - www.bloomberg.com |
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Will Other States Adopt NY’s Bitcoin Rules?
July 22, 2014 - www.bloomberg.com |
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Brace Yourself for the Winklevoss Bitcoin ETF
July 2, 2014 - www.bloomberg.com |
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Bitcoin Hits the Auction Block, Should You Bid?
June 27, 2014 - www.bloomberg.com |
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Will DISH Bitcoin Payments Help the Currency?
May 29, 2014 - www.bloomberg.com |
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Silver Spring start-up targets Bitcoin buyers
March 7, 2014 - www.washingtonpost.com |
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Who Is Alleged Bitcoin Founder Satoshi Nakamoto?
March 6, 2014 - www.bloomberg.com |
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Is the Boom Over for Bitcoin?
February 25, 2014 - www.bloomberg.com |
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Washington area business diary for week of Feb. 17
February 14, 2014 - www.washingtonpost.com |
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Meet the First Public Bitcoin Company
February 11, 2014 - www.bloomberg.com |
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Bitcoin Shop CEO: Reverse merger most sensible choice
February 10, 2014 - www.cnbc.com |
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Bitcoin Shop to Trade Publicly Over the Counter
February 6, 2014 - www.wsj.com |
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Stossel: Reputation is everything (starts 30:37)
February 6, 2014 - www.foxbusiness.com |
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Bitcoin: Super currency or super fad?
December 11, 2013 - www.usatoday.com |
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Bitcoin Gaining Validity Fuels Rally in Virtual Currency: Tech
November 19, 2013 - www.bloomberg.com |
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Accepting Only Digital Money, Bitcoin Shop Overhauls Its Online Marketplace
September 4, 2014 - www.digitaltransactions.net |
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Overstock.com And Bitcoin Shop Offer Virtual Currency First-Mover Advantages
March 26, 2014 - www.seekingalpha.com |
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Why Invest In Bitcoin Shop Over Actual Bitcoins?
March 18, 2014 - www.investing.com |
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Is This Stock The 'Amazon.com Of Bitcoin'?
February 20, 2014 - www.streetauthority.com |
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Bitcoin Shop: The Latest Growth Opportunity In The Cryptocurrency World
February 19, 2014 - www.seekingalpha.com |
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Bitcoin retailer raises $1.9M in reverse merger
February 11, 2014 - www.thedeal.com |
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At CES, A Preview Of The Future Of Payments
January 8, 2014 - www.businessinsider.com |
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CES before the storm: Booths in progress, acrobats, and a septocopter
January 7, 2014 - www.arstechnica.com |
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A guide to Christmas shopping with cryptocurrency on BitcoinShop.us
December 23, 2013 - www.dailydot.com |
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Several Popular Tea Brands Listed in Bitcoin MegaStore
December 16, 2013 - www.worldteanews.com |
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Buying with Bitcoin: Your Holiday Shopping Survival Guide
December 9, 2013 - www.techvibes.com |
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Online Jewellery Merchant Forges Links with Bitcoin Community
December 3, 2013 - www.coindesk.com |
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Bitcoin Black Friday
Novmeber 28, 2013 - www.bidnessetc.com |
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Bitcoin Is Flawed, But It Will Still Take Over the World
November 25, 2013 - www.wired.com |
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Bitcoin Black Friday: Great For High-End Hackers & You
November 24, 2013 - www.refinery29.com |
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Bitcoin's Naughty and Nice List
November 20, 2013 - www.metroactive.com |
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BitcoinShop.us is “exploring Litecoin payments” and “lining up surprises” for the holidays
September 24, 2013 - www.bitcoinexaminer.org |
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Two Guys Just Started A Site That's Like A Bitcoin-Only Amazon
September 12, 2013 - www.businessinsider.com |
Our beta ecommerce business offers consumers over 250,000 curated products and utilizes our "Intelligent Shopping Engine" to find consumers competitive prices on products from over 250 retailers. Third party vendors fulfill all ecommerce customer orders.
Our beta wallet offers a secure way to store your digital currency. We have nearly completed the development of our secure bitcoin storage solution, built on Gem's technology. Our multi-signature solution secures every transaction with three keys and every transaction requires valid signatures from at least two keys:
1. BTCS cosigning key
2. Primary key
3. Offline backup key
We're rapidly scaling our low cost bitcoin mining efforts and believe this will provide revenue growth as we build our ecosystem. We've secured an 83,000 square foot facility, about 1.4 times the size of a regulation NFL football field, to expand our mining operations. With minimal improvements, the new facility is anticipated to handle over 10 megawatts (mw) of power and can potentially house up to 40,000 TH/s of mining hardware.
We currently own two bitcoin ATMs, which we anticipate will offer consumers an easy way to exchange fiat currency for bitcoins. We are the lead investor in Coin Outlet, a leading bitcoin ATM manufacturer, which we plan to have operate our ATMs.
