[2015-04-23] BTCS Announces $2.3 Million Financing With Management Participation

BTCS Announces $2.3 Million Financing With Management Participation

ARLINGTON, VA, Apr 22, 2015 (Marketwired via COMTEX) -- Bitcoin Shop, Inc. (otcqb:BTCS) ("BTCS" or the "Company"), a blockchain technology focused company which engages in transaction verification services and which is undertaking the build-out of a universal digital currency ecosystem, announced today that it closed on a financing for aggregate gross proceeds of $2,312,500. The Company sold 7,708,342 units consisting of one share of common stock and 1.4 warrants at a per unit price of $0.30. The warrants are exercisable into an aggregate of 10,791,684 shares of common stock at a per share price of $0.375. Charles Allen our CEO, Michal Handerhan our COO and Charlie Kiser our EVP invested an aggregate of $42,500 in the financing.

http://www.marketwatch.com/story/btcs-announces-23-million-financing-with-management-participation-2015-04-22

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