FeesSafety
Pluang+

BTCS posts $54.5M Q3 net income despite 17% revenue drop and reduced Ether holdings.

Protocol Fundamentals
12 Nov 2026, 18:49 WIB
Tokenpost
View Source
Neutral
BTCS posts $54.5M Q3 net income despite 17% revenue drop and reduced Ether holdings.

BTCS reported a net income of $54.5 million in the third quarter, driven by $58.35 million in unrealized gains on digital assets, even as its revenue fell 17% year over year to $4.1 million. The company’s Ether holdings decreased from 70,787 at the end of 2025 to 49,571 by September 30, valued at $133.1 million. While DeFi revenue increased significantly to $3.5 million, blockchain infrastructure revenue dropped sharply to about $590,000. BTCS recorded a net loss of $49.5 million for the first nine months of 2026, with liquidity-pool positions at $40.95 million and DeFi protocol loans at $63 million as of September 30.

BTCS's $54.5 million Q3 profit provides context for readers following digital asset markets. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Nov 12, 2026 23:41 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include LINK at Rp180.290 with a 1-day change of -4.99% and Pluang order activity of 37% Sell / 63% Buy, SAND at Rp744 with a 1-day change of -4.47% and 75% Sell / 25% Buy, and YFI at Rp33.578.019 with a 1-day change of -4.42% and 88% Sell / 12% Buy.

More News

Riskified's price target raised to $12 after strong revenue growth and improved earnings.

Riskified's price target raised to $12 after strong revenue growth and improved earnings.

D.A. Davidson raised Riskified's price target to $12, reflecting a 22.2% potential upside from $9.82. The company reported a 41% revenue increase to $115.2 million and adjusted earnings of $0.07 per share, beating estimates. Profitability improved wi...

Analyst Insights
Bullish
52 minutes ago
TRM Labs launches Disruption Awards honoring coalitions fighting cybercrime and scams.

TRM Labs launches Disruption Awards honoring coalitions fighting cybercrime and scams.

TRM Labs introduced the Disruption Awards to recognize coalitions of public and private organizations that successfully disrupted major cybercrimes in 2026. Winners include groups that took down a phishing service responsible for most Microsoft-block...

Bullish
2 hours ago
Existing-home sales fell 5.5% in October, hitting lowest levels since 2010 amid rising mortgage rates.

Existing-home sales fell 5.5% in October, hitting lowest levels since 2010 amid rising mortgage rates.

Existing-home sales in the U.S. dropped 5.5% month-over-month and 8.8% year-over-year in October, reaching the lowest level since August 2010. The decline is attributed to mortgage rates rising to their highest since 2000, making home buying more dif...

Market News
Bearish
3 hours ago
Specialty zeolites market to grow 50% by 2032, driven by environmental and industrial demand

Specialty zeolites market to grow 50% by 2032, driven by environmental and industrial demand

The global specialty zeolites market, valued at $1 million in 2025, is projected to reach $1.5 million by 2032 with a 5.8% CAGR. Growth is fueled by stricter environmental regulations and rising demand in water treatment, petrochemicals, agriculture,...

Bullish
3 hours ago
Global cell lysis and fractionation market to reach $4.5B by 2032, driven by biotech advances and personalized medicine.

Global cell lysis and fractionation market to reach $4.5B by 2032, driven by biotech advances and personalized medicine.

The global cell lysis and cell fractionation market, valued at $2.8 billion in 2025, is projected to grow to $4.5 billion by 2032 at a 7% CAGR. Growth is fueled by advances in biotechnology, increased life sciences research investments, and rising de...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App