BTCS

BTCS • NASDAQ

BTCS is a financial - capital markets company in the financial services sector on NASDAQ, led by Charles W. Allen, with a market cap of $151.3M. As of Q3 2025, 12% of shares are held by 43 institutional investors, with VANGUARD GROUP INC as the largest holder at 4.18%.

Chief Executive OfficerCharles W. Allen

Market Cap$151.3M

Financial - Capital Markets

Financial Services

Employees5.0

Websitebtcs.com

Country

United States of America

Overview

Overview of institutional ownership in BTCS as of Q3 2025 with a market cap of $232.1M

All Institutions

Institutions: 43
Value Held: $27.3M
Shares Held: 5.7M
Avg Position: $635.9K
Median Position: $72.9K

Hedge Funds

Hedge Funds: 3
Value Held: $661.5K
Shares Held: 137.0K
Avg Position: $220.5K
Median Position: $125.3K

Ownership Breakdown

Institutional (non-HF)

11.5%

$26.7M

Hedge Funds

0.285%

$661.5K

Retail & Other

88.22%

$204.8M

Based on market cap of $232.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BTCS as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$9.7M 0.00% of portfolio	4.18% 2.0M shares	Q4 2021 Held for 3y 11m	$6.69T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.8M 0.00% of portfolio	2.07% 992.5K shares	Q1 2022 Held for 3y 8m	$1.57T
B BlackRock, Inc. Institution	-	$3.4M 0.00% of portfolio	1.48% 710.2K shares	Q2 2025 Held for 5 months	$5.67T
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$2.6M 0.00% of portfolio	1.11% 532.4K shares	Q3 2025 Held for 2 months	$67.9B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$890.6K 0.00% of portfolio	0.38% 182.5K shares	Q1 2022 Held for 3y 8m	$2.88T
J JANE STREET GROUP, LLC Institution	-	$825.1K 0.00% of portfolio	0.36% 170.8K shares	Q3 2025 Held for 2 months	$84.1B
Vident Advisory, LLC ETF Provider	Vince Leonard Birley CEO	$749.7K 0.01% of portfolio	0.32% 155.2K shares	Q3 2025 Held for 2 months	$10.2B
D DRW Securities, LLC Institution	-	$594.4K 0.03% of portfolio	0.26% 122.7K shares	Q3 2025 Held for 2 months	$1.9B
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	Wayne Michael Bloom CEO	$522.5K 0.00% of portfolio	0.23% 108.2K shares	Q2 2025 Held for 5 months	$71.1B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$448.7K 0.00% of portfolio	0.19% 92.9K shares	Q3 2025 Held for 2 months	$121.98B

Net Capital Flow

Institutional buying and selling activity for BTCS in Q3 2025

Traded: +$22.3M
Buyers: 32
Sellers: 11
Total Bought: +$23.3M
Total Sold: −$956.0K
Avg Position: $536.1K

Biggest Buyers

Institution	Net Bought	Current Position
VANGUARD GROUP INC Institution	+$7.6M +1.6M shares	$9.7M 2.0M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$4.2M +874.8K shares	$4.8M 992.5K shares
B BlackRock, Inc. Institution	+$3.3M +678.6K shares	$3.4M 710.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$2.6M +532.4K shares	$2.6M 532.4K shares
J JANE STREET GROUP, LLC Institution	+$825.1K +170.8K shares	$825.1K 170.8K shares
Vident Advisory, LLC ETF Provider	+$749.7K +155.2K shares	$749.7K 155.2K shares
STATE STREET CORP Institution	+$731.0K +149.8K shares	$890.6K 182.5K shares
D DRW Securities, LLC Institution	+$594.4K +122.7K shares	$594.4K 122.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$448.7K +92.9K shares	$448.7K 92.9K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$362.2K +75.0K shares	$522.5K 108.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
Invesco Ltd. ETF Provider	−$319.7K −66.2K shares	$322.7K 66.8K shares
UBS Group AG Institution	−$247.4K −51.2K shares	$196.5K 40.7K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$105.4K −47.9K shares	Sold Off 0 shares
V Virtu Financial LLC Institution	−$90.3K −41.1K shares	Sold Off 0 shares
DLK Investment Management, LLC RIA/Wealth	−$71.3K −32.4K shares	Sold Off 0 shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$55.6K −11.5K shares	$87.4K 18.1K shares
Toroso Investments, LLC ETF Provider	−$54.4K −24.7K shares	Sold Off 0 shares
S SBI Securities Co., Ltd. Institution	−$11.6K −2.4K shares	$80.9K 16.8K shares
N NATIONAL BANK OF CANADA /FI/ Institution	−$216.0 −98.0 shares	Sold Off 0 shares
Sound Income Strategies, LLC RIA/Wealth	−$44.0 −20.0 shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BTCS in Q3 2025

New Positions: 13
New Value: $5.2M
Exited Positions: 7
Exited Value: $321.7K

New Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$2.6M 532.4K shares
Vident Advisory, LLC ETF Provider	$749.7K 155.2K shares
D DRW Securities, LLC Institution	$594.4K 122.7K shares
G GROUP ONE TRADING, L.P. Institution	$345.6K 71.6K shares
S SIMPLEX TRADING, LLC Institution	$258.1K 53.4K shares
O OMERS ADMINISTRATION Corp Institution	$173.4K 35.9K shares
Quantbot Technologies LLC Hedge Fund•Quant	$125.3K 26.0K shares
BARCLAYS PLC Institution	$72.9K 15.1K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	$70.0K 14.5K shares
T THOMPSON DAVIS & CO., INC. Institution	$59.4K 12.3K shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$105.4K 47.9K shares
V Virtu Financial LLC Institution	$90.3K 41.1K shares
DLK Investment Management, LLC RIA/Wealth	$71.3K 32.4K shares
Toroso Investments, LLC ETF Provider	$54.4K 24.7K shares
N NATIONAL BANK OF CANADA /FI/ Institution	$216.0 98.0 shares
Sound Income Strategies, LLC RIA/Wealth	$44.0 20.0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$4.0 2.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BTCS as of Q3 2025

Call Positions: 3
Call Value: $1.5M
Put Positions: 3
Put Value: $546.8K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$881.0K 1.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$526.5K 1.1K contracts
W WOLVERINE TRADING, LLC Institution	$123.8K 259.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$392.2K 812.0 contracts
J JANE STREET GROUP, LLC Institution	$100.5K 208.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$54.1K 112.0 contracts

Most Committed Institutions

Institutions with BTCS as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T THOMPSON DAVIS & CO., INC. Institution	-	0.04% $59.4K	0.03% 12.3K shares	Q3 2025 Held for 2 months	$162.0M
D DRW Securities, LLC Institution	-	0.03% $594.4K	0.26% 122.7K shares	Q3 2025 Held for 2 months	$1.9B
ACT WEALTH MANAGEMENT, LLC RIA/Wealth	Kally Jo Alkire President	0.02% $58.0K	0.02% 12.0K shares	Q3 2025 Held for 2 months	$284.9M
X XTX Topco Ltd Institution	-	0.01% $229.6K	0.10% 47.5K shares	Q3 2025 Held for 2 months	$1.9B
G GROUP ONE TRADING, L.P. Institution	-	0.01% $345.6K	0.15% 71.6K shares	Q3 2025 Held for 2 months	$3.3B
Vident Advisory, LLC ETF Provider	Vince Leonard Birley CEO	0.01% $749.7K	0.32% 155.2K shares	Q3 2025 Held for 2 months	$10.2B
S SIMPLEX TRADING, LLC Institution	-	0.01% $258.1K	0.11% 53.4K shares	Q3 2025 Held for 2 months	$4.1B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	0.00% $2.6M	1.11% 532.4K shares	Q3 2025 Held for 2 months	$67.9B
Quantbot Technologies LLC Hedge Fund•Quant	Paul Edward White CEO	0.00% $125.3K	0.05% 26.0K shares	Q3 2025 Held for 2 months	$3.7B
S SBI Securities Co., Ltd. Institution	-	0.00% $80.9K	0.03% 16.8K shares	Q4 2024 Held for 11 months	$3.9B