Negative sentiment towards BTCS reflected by a jump of 54.32% in short interest

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. BTCS Inc shares valued at $450,000 were sold by Handerhan Michal on May 09 ’25. At $3.00 per share, Handerhan Michal sold 150,000 shares. The insider’s holdings dropped to 1,604,102 shares worth approximately $3.59 million following the completion of this transaction.

Also, Allen Charles W sold 85,000 shares, netting a total of over 116,748 in proceeds. Following the sale of shares at $1.37 each, the insider now holds 4,293,622 shares.

Before that, Allen Charles W had sold 65,000 shares from its account. In a trade valued at $93,587, the CEO traded BTCS Inc shares for $1.44 each. Upon closing the transaction, the insider’s holdings decreased to 65,000 shares, worth approximately $9.36 million.

Analyzing BTCS Stock Performance

On last trading session,, BTCS Inc [NASDAQ: BTCS] plunged -10.04% to $2.24. The stock’s lowest price that day was $2.24, but it reached a high of $2.45 in the same session. During the last five days, there has been a drop of approximately -11.46%. Over the course of the year, BTCS Inc shares have dropped approximately -9.31%.

Support And Resistance Levels for BTCS Inc (BTCS)

RSI (Relative Strength Index) is 44.75 on the 14-day chart, showing neutral technical sentiment.

Is BTCS Inc subject to short interest?

Stocks of BTCS Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.59 million shares to 1.08 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.49 million shares. A jump of 54.32% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.54 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.54.

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