 Silver Spring, MD, March 02, 2021 GLOBE NEWSWIRE -- via Blockchain Wire BTCS, Inc. OTCQB: BTCS BTCS, BTCS or the Company, a digital asset and blockchain technology focused company, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 9,500,000 shares of its common stock and common stock warrants to purchase up to 7,125,000 shares of common stock at a combined purchase price of 1.00 per share in a registered direct offering. The common stock warrants will be immediately exercisable, have an exercise price of 1.15 per share and will expire five years from the date of issuance. The closing of the offering is expected to occur on or about March 4, 2021, subject to the satisfaction of customary closing conditions. The gross proceeds of the offering will be approximately 9.5 million before deducting placement agent fees and other offering expenses. 