BTCS (BTCS) Balance Sheet: Assets & Liabilities

BTCS (BTCS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), BTCS reported total assets of $214.63M and total liabilities of $75.22M. Shareholders' equity was $139.42M, up 310.0% from $34.00M a year earlier. Total debt stood at $73.34M against $213.87M in cash and short-term investments, a net cash position of $140.53M. That puts debt-to-equity at 0.53, compared with 0.00 a year earlier.

BTCS Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for BTCS Inc. (BTCS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	1.53	1.98	1.46	2.15	2.15	1.40	0.52	0.14	0.05	0.30
Short-Term Investments	212.35	36.10	25.22	1.93	1.83	3.74	0.00	0.25	0.00	0.22
Cash & Short-Term Investments	213.87	38.07	26.68	4.07	3.97	1.40	0.52	0.40	0.05	0.52
Accounts Receivable	0.00	0.00	0.29	0.00	-	0.00	0.00	0.00	0.00	0.00
Inventory	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Other Current Assets	212.49	0.06	0.06	0.12	0.12	0.32	0.03	0.02	0.01	0.07
Total Current Assets	214.02	38.14	27.04	4.20	4.10	5.47	1.55	0.42	0.06	0.59
Non-Current Assets
Property, Plant & Equipment (Net)	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00
Long-Term Investments	0.60	0.10	0.10	5.71	5.81	8.63	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00	0.00	5.71	8.63	0.00	0.00	0.00	0.00
Total Non-Current Assets	0.61	0.11	0.11	5.72	5.82	8.64	0.00	0.00	0.00	0.00
Total Assets	214.63	38.25	27.15	9.92	9.92	14.10	1.55	0.42	0.06	0.59
Current Liabilities
Accounts Payable	0.04	0.07	0.06	0.08	0.08	0.14	0.03	0.00	0.01	0.08
Short-Term Debt	61.50	0.00	0.00	0.00	-	0.00	0.13	0.16	0.20	0.00
Accrued Liabilities	0.23	3.91	0.71	-	0.30	0.01	0.35	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	-0.32	0.00
Other Current Liabilities	1.83	0.27	0.93	0.51	0.21	1.85	0.35	0.45	0.10	0.00
Total Current Liabilities	63.37	4.25	0.98	0.59	0.59	2.00	0.51	0.61	0.32	0.08
Non-Current Liabilities
Long-Term Debt	11.84	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	11.84	0.00	0.00	0.00	-	0.00	0.00	0.00	0.32	0.00
Total Liabilities	75.22	4.25	0.98	0.59	0.59	2.00	0.51	0.61	0.32	0.08
Stockholders' Equity
Common Stock	0.05	0.02	0.02	0.01	0.01	0.01	0.00	0.02	0.38	0.36
Retained Earnings	-173.30	-139.95	-138.68	-151.48	-151.48	-135.59	-119.54	-116.98	-115.34	-114.52
Additional Paid-in Capital	310.70	171.28	162.26	160.80	160.80	147.68	120.58	116.78	114.71	114.67
Shares Outstanding	46.85	18.72	15.32	-	13.11	10.53	-	-	-	-
Total Stockholders' Equity	139.42	34.00	26.17	9.33	9.33	12.10	1.04	-0.18	-0.26	0.51
Total Liabilities & Equity	214.63	38.25	27.15	9.92	9.92	14.10	1.55	0.42	0.06	0.59

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BTCS Balance Sheet

How much debt does BTCS have?

BTCS had total debt of $73.34M as of Dec 31, 2025, against $213.87M in cash and short-term investments. Its debt-to-equity ratio was 0.53. Total debt was $0.00 a year earlier.

What are BTCS's total assets?

BTCS reported total assets of $214.63M as of Dec 31, 2025, up 461.2% from $38.25M a year earlier. Total liabilities were $75.22M.

What is BTCS's shareholders' equity?

BTCS's shareholders' equity was $139.42M as of Dec 31, 2025, or about $2.98 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition