BTCS News Alert Bitcoin Shop Inc. (BTCS) 0.1980 02/14/2015 0

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Bitcoin Shop Inc. (BTCS) 0.1980 $BTCS

Bitcoin Shop, Inc. Expands Mining Operations With New Facility and Launches Multi-Signature Security Solution to New Website
Marketwired - Wed Jan 28, 1:00PM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("BTCS" or the "Company" , which is undertaking the build-out of a universal digital currency ecosystem, announced today that the Company secured a 83,000 square foot facility, about 1.4 times the size of a regulations NFL football field, to expand its mining operations. The Company also purchased from Spondoolies Tech Ltd. ("Spondoolies" , 100 S35 miners totaling 550 TH/s of hashing power, a 161% increase in its mining capacity, and anticipates having the newly purchased equipment online in two to four weeks, which would bring BTCS's total mining hash rate to 891 TH/s. Additionally, the operating costs (inclusive of power) at the new facility should be approximately 30% lower than our current facility. 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. The Company launched a new website to demonstrate its planned services, which includes a new multi-signature secure bitcoin storage solution as a next step in the build-out of its universal ecosystem.

Coinbase to open first regulated U.S. Bitcoin exchange
Seeking Alpha - at Seeking Alpha - Mon Jan 26, 2:18AM CST

ICE: 233.22 (-1.21)

BTCS Announces Management-Lead Financings Totaling $498K and Follow-On Investment in Coin Outlet
Marketwired - Wed Jan 21, 8:01AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("BTCS" or the "Company" , the operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today that the Company closed on financings for aggregate proceeds of $498,000. The Company sold $433,000 of units consisting of common stock and warrants at a per unit price of $0.10. The units, inclusive of the warrants, convert into 15.155 million shares of common stock. The Company also sold non-convertible promissory notes (the "Notes" to BTCS' co-founders, Michal Handerhan and Tim Sidie, for aggregate proceeds of $65,000, which mature on December 31, 2015 and bear interest at an annual rate of 2%. Management and family of management accounted for 66% of the total funding. Additionally, the Company made a follow-on investment of $100,000 in its strategic partner Coin Outlet.

Bitcoin prices plunge below $200
Seeking Alpha - at Seeking Alpha - Wed Jan 14, 1:18PM CST


BTCS Provides Mining Update, Receives Two Digital Currency ATMs and Introduces New Logo to Reflect Universal Strategy
Marketwired - Thu Jan 08, 9:16AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("BTCS" or the "Company" , the operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today that, the Company has increased its mining capacity, received two digital currency ATMs and changed its logo.

Bitstamp to resume trading within 24 hours
Seeking Alpha - at Seeking Alpha - Wed Jan 07, 6:04AM CST


Bitstamp suspends service after security breach
Seeking Alpha - at Seeking Alpha - Tue Jan 06, 5:44AM CST


Wilson's 2015 predictions: Tech stocks, wearables, cybersecurity, Bitcoin
Seeking Alpha - at Seeking Alpha - Fri Jan 02, 11:08AM CST

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Bitcoin Shop Adds New Features to Its Ecommerce Beta Platform
Marketwired - Mon Dec 29, 8:13AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , the operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today new improvements to its 2.0 Beta ecommerce platform. Since its recent redesign in October, Bitcoin Shop has been gathering consumer feedback in several key areas. The site, which utilizes the "Intelligent Shopping Engine" to find consumers competitive prices on products now includes:

Microsoft begins accepting Bitcoin
Seeking Alpha - at Seeking Alpha - Thu Dec 11, 8:42AM CST


RedChip TV Announces Lineup for This Week's Show on Fox Business and Bloomberg
GlobeNewswire - Fri Dec 05, 2:35PM CST
RedChip Companies, Inc. ("RedChip" , an international small-cap research, investor relations, and media company, today announced that "The RedChip Money Report: Small Stocks Big Money" TM) television program will feature three companies on Fox Business nationwide on Tuesday, December 9 at 10:00 p.m. Pacific (1 a.m. EST). The show will also air on Bloomberg Europe on Sunday, December 7 at 8:30 a.m. and 3:30 p.m. GMT; on Bloomberg U.K. Sunday, December 7 at 5:00 p.m. and 8:30 p.m. GMT; and on Bloomberg Asia on Sunday, December 7 at 3:30 p.m. HKT.
EAC: 7.19 (+0.13)

Bitcoin Shop CEO Charles Allen Interviewed on Bloomberg TV's 'Street Smart' to Discuss the U.S. Marshals Service Bitcoin Auction
Marketwired - Fri Dec 05, 8:01AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, today announced that its Chief Executive Officer, Charles Allen, was interviewed on Thursday, December 4, 2014 live on Bloomberg TV's Street Smart at 3:20 p.m. ET. The topic of the appearance was a discussion regarding the U.S. Marshals Service auction of 50,000 bitcoins.

Bitcoin Shop to Donate a Portion of Its Ecommerce Gross Profits to Help Africare Fight Ebola
Marketwired - Thu Nov 20, 8:04AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, today announced its plans to donate fifty percent (50%) of its ecommerce gross profits to Africare, a Washington, DC based non-profit organization, starting November 28, 2014 through December 31, 2014. Africare is currently fighting the spread of Ebola through various initiatives in West African communities, including strengthening local health care systems, supplying personal protective equipment and administering behavior change education to try to prevent the disease from spreading.

Wall Street Breakfast: Abe Delays Sales Tax Hike
Wall Street Breakfast - Seeking Alpha - Tue Nov 18, 5:31AM CST
Economy Japanese Prime Minister Shinzo Abe says he will delay a sales tax rise and call a snap election, a day after data showed the economy had contracted for two successive quarters, dragged down by a rise in the consumption tax in April....
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U.S. Marshals to hold second Bitcoin auction
Seeking Alpha - at Seeking Alpha - Tue Nov 18, 3:02AM CST


Bitcoin Shop Management Voluntarily Cancels All Outstanding Options and Grants New Performance Based Options
Marketwired - Mon Nov 10, 8:35AM CST
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today that management has agreed to cancel all 6,201,472 currently outstanding options and grant new performance based options.

Bitcoin Shop First to Offer "Qlipter" Rotating Clip for Sale to Consumers From Kickstarter-Backed Lulabop Inc.
Marketwired - Wed Oct 29, 8:05AM CDT
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today that it has signed an agreement with Lulabop Inc. ("Lulabop" , the maker of the "Qlipter" rotating clip hook, to be the first online distributor of the newly introduced product. The agreement also provides Bitcoin Shop exclusivity as the only ecommerce comparison website featuring the product until December 1, 2014 and the only digital currency related ecommerce website to sell the Qlipter through October 9, 2015.

Bitcoin Shop Opens Redesigned Ecommerce Platform to the Public in Beta
Marketwired - Tue Oct 28, 8:01AM CDT
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, today announced the unrestricted beta opening of its new 2.0 ecommerce platform to the public.

Bitcoin Shop Makes Additional Investment in Mining of Bitcoin
Marketwired - Thu Oct 23, 8:03AM CDT
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, today announced that, based on the previously released positive results of its initial mining efforts, the Company has purchased additional mining hardware through its partnership with Hashmaster Tech, LLC ("Hashmaster" .

Bitcoin Shop Officers and Directors Voluntarily Redeem Equity
Marketwired - Wed Oct 22, 8:05AM CDT
Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company" , operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, announced today that all of its officers and directors have agreed to the redemption of an aggregate of 12,750,000 shares of their common stock to strengthen the Company's balance sheet and increase shareholder value.
AXP: 78.08 (-2.40)




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