BTCS Inc. has seen a significant revenue boost from its Ethereum block building initiative, Builder+, prompting H.C. Wainwright to raise its price target from $3.00 to $5.00 while maintaining a Buy rating. The company generated 541 ETH in just six weeks of the December quarter, compared to 217 ETH in the entire September quarter, reflecting a 61.78% revenue growth over the past year. Additionally, BTCS has introduced new communication channels and launched ChainQ, a blockchain analytics platform, while adjusting its compensation strategy to include equity issuance.
