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BTCS Announces Application for Dual Listing on 'Upstream'Silver Spring, MD, Jan. 26, 2023 (GLOBE NEWSWIRE) -- BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a blockchain technology-focused company, today announced that it has begun the application process to dual list its shares of common stock on Upstream, the trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”). BTCS has been a pioneer in the blockchain industry and has consistently demonstrated its commitment to innovation. The planned decision to dual list on Upstream is a natural extension of this commitment and reflects the company's belief in both Ethereum and the potential of decentralized technologies to bring innovation to traditional financial markets. “We are excited to take this step and join the growing number of companies that are leveraging the power of Ethereum to unlock new opportunities and reach new audiences,” said Charles Allen, CEO of BTCS. “Upstream represents the next generation of financial platforms, and we believe that dual-listing on this platform will help us to continue driving growth and value for our shareholders.” In addition to dual-listing on Upstream, BTCS is also an investor in Horizon, and has staked over 8,400 ETH on its 240 validator nodes on Ethereum’s blockchain, further demonstrating the Company's commitment to utilizing decentralized technologies it supports. “Ethereum's blockchain technology enables fair markets by ensuring transparency and immutability of transactions,” continued Charles Allen. “Upstream is utilizing this technology to lead the charge in protecting and empowering both issuers and investors. We are pursuing BTCS’s dual-listing on the Ethereum blockchain as part of a broader effort to realize the true value of our stock.” Approval to be listed on Upstream is subject to acceptance by MERJ. However, as an existing Nasdaq issuer, BTCS may be eligible for an expedited listing process. About BTCS: About Upstream: Forward-Looking Statements: Investor Relations: Public Relations: Disclaimers: This press release shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The following information is included at the request of Upstream and BTCS does not have the ability to confirm some of the information. If you are a U.S. or Canadian-based citizen or permanent resident that has invested in a company that's listed on Upstream, you may transfer your shares to Upstream and sell them on Upstream’s trading app for liquidation purposes only. You are not permitted to purchase shares of other companies listed on Upstream at this time. Anyone may buy and sell NFTs on Upstream. Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, and a full member of ANNA. MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company's securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards. |