BTCS, listed on NewConnect, has been building its identity since the second half of 2025 as a Digital Asset Treasury Company (DATCO) - an entity that not only holds digital assets but actively manages and monetizes them operationally. The company says it has a way to navigate Bitcoin bear markets and ambitions to become a crypto unicorn.
“In the second half of 2025, we transformed into a Digital Assets Treasury Company (DATCO). BTCS is now the first public DATCO in Poland and one of the few in Europe, and our goal is to build the largest active Digital Assets Treasury in the region,” declared BTCS CEO Marlena Lipinska during a Strefa Inwestorow webinar.
Active treasury profile
The company says it ended last year among the world’s top 100 treasury companies. “Our treasury held nearly 138 Bitcoin at year-end, placing BTCS in the top 100 public DATCOs globally. In the second half of 2025, the yield from validation rewards reached nearly 27%, a real return generated on our net digital assets,” noted Lipinska.
BTCS emphasizes infrastructure and “working” assets rather than passive Bitcoin holding. The company states that raised capital is deployed into two key areas: blockchain infrastructure and a secure, diversified portfolio of digital assets, designed to generate stable revenue regardless of short-term market fluctuations. Strategic adviser Wojciech Kaszycki underlined that BTCS operates exclusively for its own account, building value in a transparent, public, and regulated way.
Three revenue pillars
The business model is built on three revenue pillars. First, validation - block rewards and transaction fees generated by the company’s validator, which provide recurring revenue rather than speculative gains. Second, DeFi and RWA activity conducted in a disciplined, unleveraged manner. Third, Active Treasury, which optimizes the portfolio using derivatives so the company can either accumulate assets or generate option premium.
A complementary services segment includes business consulting and advisory support for companies and investors entering Web3.
Risk minimization and governance
Supervisory Board Chair Lech Wilczynski highlighted that governance focuses on minimizing risk and reducing custodial exposure. As an example, he pointed to delegating to the CoreDAO validator, which does not transfer control of funds and relies on a time-lock mechanism. In that model, roughly 79 Bitcoin and about 12 million Cardano tokens are deployed, generating ongoing rewards, with the validator ranking 11th in CoreDAO.
Investor profile
BTCS described three key investor groups: family foundations seeking exposure to digital assets but constrained by regulations; investment funds that often cannot invest directly in crypto; and public market investors looking for digital-asset exposure in a listed format. BTCS aims to connect traditional capital markets with Web3.
Options strategy and BTC accumulation
BTCS also highlighted its options strategy executed with QCP. The company says it has generated more than 2.5 BTC from option premiums alone. BTCS does not sell naked puts; all options are cash-secured, providing full coverage of potential liabilities. The purpose is to acquire Bitcoin at lower prices and create resilience during downturns.
The company’s long-term allocation is defined in advance: Bitcoin as the foundation at roughly 60%, with the remaining 40% dedicated to growth and yield, primarily via DeFi and RWA. Current allocation is close to target, with Bitcoin at about 59% and the remainder in working assets such as CORE and stablecoins used operationally as collateral.
Scaling plans
The company’s most investor-facing plan is scaling: more assets, more networks, more validators, and financing to support growth. BTCS intends to continue fundraising rounds to expand the treasury and validator capacity. In 2026, the company plans to launch a validator on Zigchain focused on asset tokenization, described as “the next big thing.” BTCS also mentioned another partner/network but has not disclosed the name due to confidentiality.
In capital market plans, BTCS signaled additional share issues and ambitions to graduate to the main market. “We plan another share issue. My goal is for the company to be listed on the main market. I believe we will have a Polish unicorn that will be an Active Digital Assets Treasury Company,” said Kaszycki.
Original article (Polish)
Read the original Strefa Inwestorow article:
BTCS nie obawia się spadków Bitcoina i ma ambicję zostania krypto unicornem