BTCS, Inc. (also called Bitcoin Shop, Inc.) is a publicly traded company based in the US, whose stated line of business is development of applications related to blockchain databases and digital currencies.
In April 2015, according to company releases, its shares were valued at 0.30 USD or more. In July 2016, the price had dropped to 0.001 USD.In August 2017 It was reported that BTCS has signed a non-binding letter of intent with Blockchain Global Limited.
According to company material, their services and products could possibly include:
- A low-cost bitcoin transaction verification (bitcoin mining) services business. In January 2015, BTCS announced finalizing a two-year lease for an 83,000 square foot facility.
- An e-commerce marketplace accepting bitcoin, litecoin, dogecoin, and other cryptocurrencies. In its beta version, the marketplace claimed to offer over 250,000 curated products, featuring a so-called "Intelligent Shopping Engine" to find competitive prices on products from over 250 retailers.
- A bitcoin wallet that uses 2-of-3 cryptographic multisignatures to securely store the user's bitcoin keys. The wallet is built on BitVault's Gem’s technology and operates in cooperation with Authy, a provider of two-factor authentication. A beta version was claimed to be available, by invitation only.