BTCS Announces the Sunset of StakeSeeker Platform to Focus on Ethereum Blockchain Infrastructure

Quick Summary:

With the resources freed by sunsetting StakeSeeker, BTCS intends to enhance its validator nodes, strengthen its Builder+ Ethereum block-building operations, and expand its leadership in the proof-of-stake ecosystem.About BTCS:BTCS Inc.(Nasdaq: BTCS) is a U.S.-based blockchain infrastructure technology company currently focused on driving scalable revenue growth through its Ethereum blockchain infrastructure operations.

"Our primary goal is to position BTCS as the premier Ethereum blockchain infrastructure company, and this decision reflects our commitment to driving maximum value for our shareholders.” Importantly, this decision does not affect BTCS’s ability to support crypto asset holders who choose to delegate their crypto holdings to the Company’s validator nodes.

Explore how BTCS is revolutionizing blockchain infrastructure in the public markets by visiting Forward-Looking Statements:Certain statements in this press release constitute "forward-looking statements” within the meaning of the federal securities laws, including statements regarding our ability to drive sustained stakeholder value as we adapt and grow.

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Article Details

Author / Journalist: BTCS Inc.

Category: Technology

Markets: China

Topics: Nasdaq:BTCS US05581M2061

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 13:45:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 24693193

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