How to Buy Btcs Stock
Btcs Inc
BTCS Inc. focuses on digital assets and blockchain technologies. The company secures disruptive next-generation blockchains and operates validator nodes on various proof of stake-based blockchain networks.
Btcs stock last closed at $1.42, down 2.07% from the previous day, and has increased 1.43% in one year. It has underperformed other stocks in the Capital Markets industry by 0.11 percentage points. Btcs stock is currently +67.06% from its 52-week low of $0.85, and -43.2% from its 52-week high of $2.50.
At the moment, there are 15.69M BTCS shares outstanding. The market capitalization of BTCS is $22.28M. In the last 24 hours, 32,043 BTCS shares were traded.
How to Buy Btcs Stock
Not sure how to invest in Btcs stock? Here's how.
- Choose where to buy Btcs stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Btcs stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your payment method and add your information.
- Evaluate Btcs stock: The Btcs ticker symbol is BTCS. Is Btcs stock a good investment? Should you buy shares of BTCS? How do BTCS's underlying business fundamentals look? Do top analysts think Btcs is a good buy? Why has BTCS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BTCS is a good stock to buy).
- Make your BTCS buy order: Decide if you will purchase BTCS shares at the current market price or use a limit order to buy BTCS stock at a given price.
- Track your BTCS investment: Create a watchlist to track your new investment in Btcs stock.
Step 1: Choose where to buy Btcs stock
You need an online brokerage account in order to access the NASDAQ market and buy BTCS stock.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to invest in BTCS stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have finished signing up on the greatest app to buy stocks, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of transferring money into your new investment account.
Step 4: Evaluate Btcs stock
Once you have decided on the best place to buy Btcs stock, it's important to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Btcs stock at a glance
Btcs Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on BTCS's stock page.
What is the fair value of BTCS stock?
You can use many financial metrics, analyses, models, and charts to gauge BTCS's intrinsic value.
Using relative valuations metrics:
- BTCS may be undervalued based on its P/E ratio of 2.58x, relative to Capital Markets industry P/E ratio of 20.12x
- BTCS may be undervalued based on its P/B ratio of 0.85x, relative to Capital Markets industry P/B ratio of 1.81x
You can do more valuation research on BTCS's stock here.
BTCS Financials at a glance
Positive Health Checks:
- Total BTCS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the BTCS balance sheet.
- BTCS has a low debt to equity ratio of 0.04.
- BTCS profit margin has gone up from -939% to 583.6% in the past year.
- BTCS has $26.68M in cash and short term investments. This is enough to cover its annual cash burn of $3.57M.
- There are more short-term assets than long-term liabilities on the BTCS balance sheet.
- BTCS has cash burn of 3566619. It has sufficient cash and short-term investments to cover this for at least one year.
Is it a good time to buy Btcs stock, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on BTCS, the consensus analyst rating on Btcs is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Btcs stock forecast page.
BTCS Technicals
BTCS Growth Numbers
Last year, BTCS revenue was $1.34M. During the past two year, BTCS's revenue has increased by 5.08% per year. This was slower than the Capital Markets industry average of 13.07%.
Find out more about BTCS's earnings and revenue performance here.
Are BTCS insiders buying or selling the stock?
In the last year, executives and large shareholders at BTCS have sold more shares than they have bought.
Michal Handerhan, COO of BTCS, was the latest BTCS insider to sell. They sold $105,707.47 worth of BTCS stock on Mar 8, 2024.
Get more info about who owns BTCS stock here.
Does BTCS stock generate passive income?
No, Btcs doesn't provide an income stream by paying out dividends.
BTCS Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your BTCS buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Track your BTCS investment
Now that you own some BTCS stock, you'll want to keep up with your stock purchase.
Put BTCS on a watchlist to get notified of the latest news about your BTCS stock.
BTCS Feed
How to Buy Stock in Btcs
To reiterate, here are the 6 steps you need to take to buy Btcs stock right now:
- Choose where to buy Btcs stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Btcs stock
- Make your BTCS buy order
- Track your BTCS investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Btcs, get started below.
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