BTCS’s Strategic Advancements and Revenue Growth Justify Buy Rating with $7 Price Target
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H.C. Wainwright analyst Kevin Dede reiterated a Buy rating for BTCS with a $7 price target, citing strategic advancements and revenue growth. BTCS's blockchain infrastructure and Ethereum staking operations drive revenue increases. Initiatives like Builder+ and Imperium enhance Ethereum yield. Despite risks, BTCS's Ethereum holdings and anticipated growth support a positive outlook, with revised revenue estimates for 2025 and 2026 and regulatory clarity justifying the rating.
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