BTCS Expands Blockchain Infrastructure with Binance Chain Acquisition

BTCS Inc. has expanded its blockchain infrastructure capabilities by acquiring TxBoost, a block builder for Binance Chain, further solidifying its position in the cryptocurrency ecosystem. The strategic move allows the company to leverage Binance Chain’s significant market presence, which is currently valued at approximately $80 billion and ranks as the fifth-largest cryptocurrency.

The acquisition aligns with BTCS’s core strategy of growing its Ethereum Virtual Machine (EVM)-based operations. Binance Chain, known for enabling decentralized finance (DeFi) functions, decentralized applications (DApps), and non-fungible tokens (NFTs), presents a natural extension of the company’s existing technological infrastructure.

Charles Allen, CEO of BTCS, emphasized the strategic importance of the acquisition, noting that Binance Chain’s roots as an Ethereum fork and EVM compatibility allow the company to quickly scale its operations. The company’s Builder+ block-building operations, which utilize advanced algorithms to optimize block construction, have already proven lucrative, generating approximately $2.5 million in revenue during 2024.

BTCS has demonstrated significant growth potential, reporting record revenue of $4.1 million in 2024, a 204% increase from the previous year. The company aims to continue this momentum by integrating Binance Chain and pursuing additional strategic initiatives, including a Scaled Validator Implementation Plan and a partnership with ETHGas.

The company has set an ambitious target of $20 million in annual revenue for 2025, with the Binance Chain acquisition playing a crucial role in achieving this goal. Since pivoting from Bitcoin mining to focusing on Ethereum, BTCS has become a key participant in the Proof-of-Stake ecosystem, currently operating 522 validator nodes.

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