Crypto
BTCS Inc. Reports Q2 Financials: $262K Cash Against $49M in Loans
BTCS Inc., a company that operates in the digital asset space, has reported financial results for the second quarter of 2026. According to its quarterly report filed with the SEC, BTCS had $262K in cash against $49M in loans and notes.
The report also shows that BTCS had significant liabilities, including $36M in loans payable to a DeFi protocol and $7M in convertible notes payable.
Despite these liabilities, BTCS has a substantial amount of digital assets on its balance sheet, with a total value of $75.3M as of June 30, 2026.