17,782 Shares in BTCS Inc. (NASDAQ:BTCS) Bought by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new position in BTCS Inc. (NASDAQ:BTCS) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 17,782 shares of the company’s stock, valued at approximately $44,000. SBI Securities Co. Ltd. owned about 0.10% of BTCS at the end of the most recent reporting period.

Separately, Virtu Financial LLC bought a new position in BTCS during the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 3.48% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright boosted their target price on shares of BTCS from $3.00 to $5.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th.

BTCS Stock Performance

Shares of NASDAQ BTCS opened at $1.72 on Wednesday. The stock has a market cap of $29.28 million, a P/E ratio of 4.20 and a beta of 3.05. The firm has a 50 day moving average price of $2.67 and a 200 day moving average price of $2.27. BTCS Inc. has a 52-week low of $0.95 and a 52-week high of $5.41.

About BTCS

BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.