PRESS RELEASE. Silver Spring, MD – (Globe Newswire – April 5, 2021) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Firm”), a digital asset and blockchain expertise targeted firm, in the present day introduced the appointment of Litecoin creator Charlie Lee to its Board of Administrators as its latest impartial member.
“We’re honored to welcome Charlie Lee to our board,” acknowledged Charles Allen, Chief Government Officer of BTCS. “A real innovator and visionary within the blockchain house, his determination to hitch our board is a powerful vote of confidence in our multi-faceted technique. We sit up for working intently collectively to execute on our imaginative and prescient for long-term success.”
Mr. Lee, a pc scientist finest often known as the creator of Litecoin, the ninth-ranked cryptocurrency globally with a market capitalization in extra of $13 billion, at present serves as managing director of the Litecoin Basis. Beforehand, Mr. Lee served because the director of engineering at Coinbase from 2013 to 2017 after working at Google from 2007 to 2013. Mr. Lee attended The Massachusetts Institute of Expertise the place he graduated in 2000 incomes each a bachelor’s and grasp’s diploma in Electrical Engineering and Laptop Science.
Mr. Lee acknowledged, “I’m excited to hitch the BTCS board as the corporate embarks on the subsequent part of its company evolution. Constructing on a monitor document of pioneering firsts within the trade, BTCS is in an awesome place to speed up its development by capitalizing on rising alternatives comparable to “staking-as-a-service” as momentum continues to construct extra broadly inside the blockchain ecosystem because it evolves into its institutional part.”
BTCS is an early entrant within the digital asset market and one of many first U.S. publicly traded corporations targeted on digital belongings and blockchain applied sciences. The Firm by way of its transaction verification providers enterprise actively verifies and validates blockchain transactions and is rewarded with digital belongings for its work. The Firm can also be creating a proprietary digital asset knowledge analytics platform that permits customers to consolidate their crypto trades from a number of exchanges onto a single platform, enabling customers to view and analyze their efficiency, threat metrics, and potential tax implications. The Firm employs a digital asset treasury technique with a major give attention to disruptive non-security protocol layer belongings comparable to bitcoin and ethereum. For extra data go to: www.btcs.com.
Sure statements on this press launch, represent “forward-looking statements” inside the which means of the federal securities legal guidelines together with statements relating to our plans relating to uplisting to a senior alternate. Phrases comparable to “could,” “may,” “will,” “ought to,” “consider,” “anticipate,” “anticipate,” “estimate,” “proceed,” “predict,” “forecast,” “mission,” “plan,” “intend” or related expressions, or statements relating to intent, perception, or present expectations, are forward-looking statements. Whereas the Firm believes these forward-looking statements are affordable, undue reliance shouldn’t be positioned on any such forward-looking statements, that are based mostly on data accessible to us on the date of this launch. These forward-looking statements are based mostly upon present estimates and assumptions and are topic to numerous dangers and uncertainties, together with with out limitation our failure to satisfy the quantitative and qualitative itemizing necessities of the senior alternate, the alternate rejection our itemizing software for any motive, in addition to dangers set forth within the Firm’s filings with the Securities and Trade Fee together with its Type 10-Okay for the 12 months ended December 31, 2020. Thus, precise outcomes could possibly be materially completely different. The Firm expressly disclaims any obligation to replace or alter statements whether or not because of new data, future occasions or in any other case, besides as required by legislation.
RedChip Firms, Inc.
Telephone: (407) 491-4498
Disclosure: This can be a paid placement by BTCS Inc., a consumer of Epic MegaCorp LLC (dba CryptoCoin.Information). BTCS agreed to pay Epic MegaCorp LLC $122,650 for investor consciousness providers. Epic MegaCorp LLC is a advertising firm and never a registered funding advisor. The data contained on this website isn’t supposed to be, and shall not represent, a proposal to promote nor the solicitation of any supply to purchase any safety. The data introduced on this recorded line is supplied for informational functions solely and isn’t to be handled as recommendation to make any particular funding.
This can be a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com isn’t accountable, straight or not directly, for any injury or loss prompted or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about within the press launch.
Picture Credit: Shutterstock, Pixabay, Wiki Commons