The trend of traditional companies holding crypto assets or pivoting to blockchain continues with BTCS becoming the first publicly traded blockchain infrastructure and largest Digital Asset Treasury Company (DATCO) in Europe.

In 2010, Vakomtek S.A. started operations in Poland as a consumer electronics wholesaler and was listed on the NewConnect market, run by the Warsaw Stock Exchange. Fifteen years later, Vakomtek transformed into BTCS (NewConnect: BTF) this year, shifting from a traditional low-margin business to a high-growth tech sector.

As part of the company’s fundamental transformation, BTCS changed its stock ticker from VKT to BTF, a short form of “Better Than ETF”. This change signifies the company’s edge over its competitors, advocating for an alternate business model compared to passive crypto investments.

The markets responded positively, with a tenfold increase in BTCS S.A.’s market capitalization to a current value of $52 million. Recently, BTCS S.A. closed an oversubscribed $15 million Series F funding and announced a subsequent $100 million Series G round. The successive capital formation rounds demonstrate strong investor confidence in the business model of actively managing institutional-scale digital asset treasuries.

BTCS — Transforming Europe’s Crypto Landscape

As the first publicly listed blockchain company in Poland, BTCS S.A. provides investors with a transparent and compliant way to gain exposure to the crypto sector without the complexities of direct asset ownership. Investors can buy BTCS S.A.’s shares through their existing brokerage accounts, offering a familiar interface within the crypto ecosystem.

But, unlike crypto ETFs that passively track asset prices and depend solely on price appreciation for profit-booking, BTCS S.A. leverages a different business model. The company actively functions as a blockchain operator and manages infrastructure for running the decentralized economy.

It generates revenue by running validator nodes and offering Staking-as-a-Service for protocols like ZIGChain Core DAO to secure their network and validate transactions. In return, Core DAO pays rewards in its native assets. It also adds native assets from CORE DAO and ZIGChain to generate operational revenue, ensuring yield generation during flat or bear markets.

Further, BTCS S.A. leverages an ‘Active Treasury Strategy’ by staking the digital assets held in the company’s treasury and deploying them in DeFi to generate additional yield and maximize shareholders’ value. The Active Treasury model combines BTC exposure with other emerging ecosystems in the web3 space. By leveraging ZIGChain and Core DAO’s native yields, BTCS doesn’t have to use its own BTC holdings to earn yields.

The company’s asset optimization strategies offer better returns, which are approximately 20% more YoY compared to industry standards. Further, by strategically focusing on bitcoin (BTC) as the primary asset, along with ZIG and CORE, BTCS S.A. boosts returns for its investors.

The success of BTCS S.A. has been demonstrated through recent funding rounds and overall market performance, led by a global, visionary leadership team. The active allocation strategy is a 60% exposure to $BTC, 30% with $ZIG, and 10% to $CORE.

Demonstrating Investor Confidence Led By Global Web3 Experts

With its revenue-generating operations, BTCS S.A. has reported an initial daily income of around PLN 4,754 from its validation and staking activities. It also recorded a daily stock trading volume of over 42,000 shares in the NewConnect market.

This has led BTCS S.A. to secure financial assistance from a wide range of investors.

Its shares are currently trading at 10x higher prices than the strike price for the round. After internal deliberations, BTCS formally closed the round to limit the final intake.

BTCS S.A. is backed by several key strategic partners. These include Disrupt.com, one of the largest venture builders in the MENA region, Core DAO, a blockchain with a TVL of $305 million, Solv.Finance, an asset tokenization platform with $1.8 billion TVL, and ZigChain Foundation, whose purpose-built blockchain for wealth generation, boasts an exciting and compliant RWA ecosystem anchored in investor-friendly jurisdictions.

The company’s board boasts an impressive leadership team led by Marlena Lipińska, CEO of BTCS S.A., who brings her experience from BTSE digital asset exchange, and Wojciech Kaszycki, the Chief Strategy Officer of BTCS S.A.

Other members include Lech Wilczyński, Co-Founder of InPay, the first Bitcoin payment terminal in Poland, and Abdul Rafay Gadit, the co-founder of ZIGChain and a partner at Disrupt.com.

The Road Ahead

BTCS is in conversation with other companies to expand validator services to other exciting blockchain ecosystems apart from ZIGChain and Core DAO, thereby diversifying its revenue streams. There’s also an upcoming partnership with one of the major licensed crypto providers, Kraken.

Therefore, BTCS S.A. is leading the digital asset movement in Europe, with a successful metamorphosis from a legacy company to a sophisticated, regulatory-compliant blockchain infrastructure company. As the largest European DATCO, BTCS has set a new standard in institutional blockchain adoption by blending diversified digital asset strategy, compliance, and yield generation.