Btcs Inc. (BTCS) intrinsic value & 10-year financials
Btcs Inc. (BTCS) has a Graham intrinsic value of $9.13 per share. At $1.13 on Oct 17, 2026, the stock trades 88% below that value. Over the last 10 fiscal years revenue grew 53.2% a year to $16.5M, with an average return on invested capital of 149.3%.
- Graham intrinsic value
- $9.13
- Share price (Oct 17, 2026)
- $1.13
- Price vs Graham value
- 88% below
- Market cap
- $37.5M
- Revenue (FY2025)
- $16.5M
- Revenue growth (10-yr CAGR)
- 53.2%
- ROIC (10-yr avg)
- 149.3%
- Free cash flow (FY2025)
- -$9.8M
BTCS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $16.5M | -$33.4M | -$1.00 | -$9.8M | — | -38.5% |
| FY2024 | $4.1M | -$1.3M | -$0.04 | -$3.5M | — | -4.2% |
| FY2023 | $1.3M | $7.8M | $0.28 | -$3.6M | — | 44.1% |
| FY2022 | $1.7M | -$15.9M | -$0.62 | -$782.2K | — | -148.3% |
| FY2021 | $1.2M | -$16.0M | — | -$4.9M | — | -244.2% |
| FY2020 | — | -$2.6M | — | — | — | -594.8% |
| FY2019 | — | -$1.6M | — | — | — | 1517.5% |
| FY2018 | — | -$826.4K | — | -$508.2K | — | 764.4% |
| FY2017 | $4.5K | -$45.1M | — | -$1.5M | -19304.2% | 99.5% |
| FY2016 | $355.2K | -$44.3M | — | -$843.0K | -410.0% | 97.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
BTCS Inc. is a consistent compounder, expanding top-line revenue at 53.2% annually over the past decade.
BTCS Inc. has historically struggled to out-earn its cost of capital, averaging just 6.5% ROIC.
BTCS Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, BTCS Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $9.13 per share.