BTCS Inc. has expanded its blockchain infrastructure capabilities by acquiring TxBoost, a block builder for Binance Chain, signaling a strategic move to diversify its operations and accelerate revenue growth. The acquisition allows BTCS to leverage Binance Chain's substantial $80 billion market capitalization and extend its block-building technology into a new blockchain ecosystem.
The company's Builder+ platform, which has already generated $2.5 million in revenue during 2024, will now support Binance Chain, an Ethereum Virtual Machine (EVM) compatible blockchain. This expansion aligns with BTCS's goal of achieving $20 million in annual revenue for 2025 and building on its record growth, which saw revenue increase 204% to $4.1 million in 2024.
CEO Charles Allen emphasized the strategic importance of the acquisition, noting that Binance Chain's EVM compatibility allows BTCS to quickly scale its existing technology infrastructure. The move supports the company's broader strategy of increasing revenue, improving margins, and establishing itself as a key player in blockchain infrastructure.
BTCS plans to further boost its potential revenue through complementary initiatives, including a Scaled Validator Implementation Plan, a partnership with ETHGas for ultra-low-latency blockchain transactions, and a Staking Protection Plan. These efforts demonstrate the company's commitment to innovation and growth in the rapidly evolving blockchain technology landscape.
