Is BTCS Inc. (BTCS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| DJIM | Excluded — Capital Markets | ✗ NOT HALAL | |||
| MSCI | Excluded — Capital Markets | ✗ NOT HALAL | |||
| S&P | Excluded — Capital Markets | ✗ NOT HALAL | |||
| FTSE | Excluded — Capital Markets | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 10.2% | |
| Operating Margin | -31.9% | |
| Net Margin | 464.3% | |
| Return on Equity (ROE) | 43.4% | |
| Return on Assets (ROA) | -3.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$4M |
| Debt-to-Equity | 30.0 |
| Current Ratio | 4.8 |
| Total Assets | $38M |
Price & Trading
| Last Close | $1.46 |
| 50-Day MA | $1.91 |
| 200-Day MA | $3.38 |
| Avg Volume | 826K |
| Beta | 3.3 |
|
52-Week Range
$1.25
| |
About BTCS Inc. (BTCS)
BTCS Inc., a blockchain technology company, provides blockchain infrastructure services in the United States. The company operates a network of cloud-based validator nodes that perform essential roles in proof-of-stake and delegated proof-of-stake blockchain ecosystems. It also offers Builder+, an Ethereum block-building operation that leverages algorithms to construct high-value blocks; NodeOps, a staking-as-a-service; ChainQ, an AI-powered blockchain data and analytics platform; and custody and key storage products. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland.
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Frequently Asked Questions
Is BTCS Inc. (BTCS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BTCS Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BTCS Inc.'s debt ratio?
BTCS Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are BTCS Inc.'s key financial metrics?
BTCS Inc. has a market capitalization of $65M, and revenue of $4M. The company maintains a gross margin of 10.2% and a net margin of 464.3%. Return on equity stands at 43.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.