Nowadays more and more investors are looking into the possibilities of investing in companies which are involved in the blockchain space and one of the companies that could be looked into this week is BTCS Inc (OTCMKTS:BTCS).
BTCS is involved in the blockchain technology industry and over the course of the past week its stock has garnered gains of as much as 33%. In light of such handsome gains, it might be right time for investors to take a look at the company’s financial results that were announced earlier on in the week.
In the second fiscal quarter that ended on June 30, 2021, the company managed to bring in revenues of as much as $380499 and that reflected a rise of a staggering 425% from the revenues that had been generated in the first fiscal quarter. On the other hand, the total value of the digital assets under its control stood at $21.5 million as per valuation on June 30, 2021.
That metric also showed a massive improvement. It represented a rise of as much as 449% from December 31, 2020 and a year on year rise of as much as 2013%. Investors could do well to keep the stock in their watch lists at this point.