What is the main business of Btcs?

The main business activity of Btcs focuses on other data processing, hosting and related activities.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on July 6, 2011.

Where is the headquarters located?

The headquarters is located at: Plac Powstańców Warszawy 2, 00-030 Warszawa.

Who is on the management board?

The management board consists of: Marlena Lipińska (President of the Management Board).

What is the share capital?

The share capital of the company is PLN 19,216,600 (approx. $5.2 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What was the revenue?

The company reported a revenue of $1,127,972 in 2024, which is a decrease of 37.0% compared to 2023.

No, the company recorded a net loss of $65,831 in 2024. For comparison, in 2023 the loss was $562,967, meaning the company reduced its loss by 88.9%.

Which cost dominates operating expenses?

The largest operating cost category falls under cost of goods and materials sold. This category amounted to $805,010 in 2024, representing 72% of all operating expenses.

BtcsS.A.

Other data processing, hosting and related activities

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2011-07-06

Share capital

19 217 099,50 PLN

Activity description

Btcs is a technology company that builds and operates validator infrastructure for blockchain networks, specifically on CoreDAO and ZigChain. It invests in the security and continuity of Web3, providing services that include transaction verification and rewards distribution for delegators. The company is publicly listed and operates under strict audit and risk control measures.

Registered address

Plac Powstańców Warszawy 2, 00-030 Warszawa, Poland

Website

btcs.com.pl

Electronic delivery address

AE:PL-96532-59376-ACDBW-26

Financials

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Stock quotes

PLN 4.12

-0.18 (-4.19%)

Open: PLN 4.30
High: PLN 4.68
Low: PLN 4.12
Volume: 6.2K
Avg. vol.: 10.36K

Market cap: PLN 158.34M
P/E ratio: —
EPS: -PLN 0.06
Shares outstanding: 38.43M
52-week: PLN 3.74 – 7.15

Dividend yield: —
Dividend: —
Ex dividend date: —
ISIN: PLVKMTK00015
Exchange: NewConnect

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 5.80mMedianUSD 120.84kAverageUSD 10.88m

Net profit

This companyUSD -601.55kMedianUSD 2.71kAverageUSD 838.80k

Operating costs

This companyUSD 696.02kMedianUSD 97.35kAverageUSD 9.20m

Assets

This companyUSD 18.63mMedianUSD 112.08kAverageUSD 11.05m

Industry

Bank accounts

Registered as a VAT taxpayer on 2011-11-18. Active

Alior Bank
18 2490 0005 0000 4600 0031 4673
Alior Bank
51 2490 0005 0000 4530 6496 1325
Alior Bank
86 2490 0005 0000 4600 0005 9212

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

MSiG notices

Publication date	Event
Feb 26, 2013	Commercial Companies Code notice

Public aid

16 public aid cases recorded, with a total value of $330,858.

Grant date	Purpose	Gross amount	Granting body
Mar 7, 2022	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) Mar 7, 2022 · PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE	$2,020$2,020	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE
Nov 19, 2021	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) Nov 19, 2021 · PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE	$891$891	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE
May 7, 2021	De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) May 7, 2021 · PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE	$2,054$2,054	PIERWSZY MAZOWIECKI URZĄD SKARBOWY W WARSZAWIE

Tenders

No recorded participation in tenders.

Regulatory authorisations

Authority	Type	Status
BDO	BDO register entry BDO	Active

Authorized Representatives

Marlena Lipińska — President of the Management Board

Manner of representation

Two members of the management board acting jointly, or one member of the management board acting jointly with a commercial proxy, are authorized to submit declarations of will on behalf of the company. If a one-person management board is appointed, effective representation of the company is exercised by the President of the Management Board.

Supervisory board

Abdul Rafay Gadit — Supervisory Board Member

Katarzyna Andrusikiewicz — Supervisory Board Member

Anna Dorota Jędrasiak — Supervisory Board Member

Catherine Chan — Supervisory Board Member

Daniel Kaska — Supervisory Board Member

Beneficial owners

Person	Rights
Wojciech Kaszycki (51)	Akcjonariusz spółki akcyjnej

Competitors

Name	Revenue	Website
Cloud TechnologiesS.A. Revenue: $7,763,526.62 · cloudtechnologies.pl	$7,763,526.62	cloudtechnologies.pl
KLG Solutionssp. z o.o. Revenue: $5,628,467.49 · klgsolutions.pl	$5,628,467.49	klgsolutions.pl
THE Dots Connectedsp. z o.o. Revenue: $1,953,366.26 · dotsconnected.pl	$1,953,366.26	dotsconnected.pl
Bprogsp. z o.o. Revenue: $849,908.81 · bprog.pl	$849,908.81	bprog.pl
MDDVsp. z o.o. Revenue: $588,683.36 · mddv.pl	$588,683.36	mddv.pl

Change history

Date	Event
2025-12-01	Share capital change (8,000,000.00 PLN → 19,216,599.50 PLN)
2025-09-10	Address change (Ul. Wczasowa 5, 62-030, Luboń → Plac Powstańców Warszawy 2, 00-030, Warszawa)
2025-09-10	Name change (Vakomtek → Btcs)
2025-09-10	PKD change (Removed: 26.2, 26.4, 41.2, 46.1, 52.1, 68.1, 70.2, 77.1, 78.3; Added: 58.29.Z, 62.10.B, 62.20.B, 62.90.Z, 63.10.D, 72.10.Z, 85.59.D)
2024-10-31	Address change (Ul. Okólna 26, 61-315, Poznań → Ul. Wczasowa 5, 62-030, Luboń)

FAQ

Last updated: 2026-10-02