Timing Coincides with Sunsetting of StakeSeeker Initiative

Management to Augment Technical Team with a Focus on Core Business in Validator Ops and Block Building

Silver Spring, Maryland–(Newsfile Corp. – February 7, 2025) – BTCS Inc. (Nasdaq: BTCS) (“BTCS” or the “Company”), a leader in blockchain infrastructure and technology, today announced that Manish Paranjape has resigned from his position as Chief Technology Officer, effective immediately. “We appreciate Manish’s contributions to BTCS during his tenure, particularly his leadership in developing the StakeSeeker platform and blockchain infrastructure, and we wish him success in his future endeavours.

The decision for Mr. Paranjape’s resignation comes at a critical juncture for BTCS, as the company prepares to sunset the StakeSeeker initiative in order to focus on core business operations related to validator operations and block building. This strategic shift will involve augmenting the technical team with skilled professionals to enhance the company’s capabilities in these key areas.

BTCS has been at the forefront of blockchain technology, providing innovative solutions for the industry. With a renewed focus on core business activities, the company aims to strengthen its position as a leader in blockchain infrastructure and drive continued growth and success.

How this Will Impact Me

As a stakeholder in BTCS, the resignation of the Chief Technology Officer and the company’s strategic shift towards validator operations and block building may impact me in several ways. It could lead to changes in the company’s product offerings, technological advancements, and overall business strategy. It is important for me to stay informed about these developments and assess how they may affect my investments and interests in the blockchain space.

How this Will Impact the World

The decision by BTCS to focus on core business activities in validator operations and block building could have implications for the broader blockchain industry. By prioritizing these key areas, the company may contribute to the advancement and innovation of blockchain technology on a global scale. This strategic shift could influence industry trends, competitive dynamics, and the overall development of blockchain infrastructure worldwide.

Conclusion

In conclusion, the resignation of the Chief Technology Officer and the strategic shift towards validator operations and block building mark a significant turning point for BTCS. As the company positions itself for future growth and success, stakeholders and the broader blockchain community will be watching closely to see how these changes unfold and impact the industry as a whole.