# BTCS funding: rounds and investors

> BTCS has raised $59M across 2 rounds since 2015. Investors include Charles Allen, Charlie Kiser and Michal Handerhan. Every round with its source.

Source: https://millionrounds.com/company/btcs (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *BTCS*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$59M** raised across 2 rounds since 2015, from 2 sources

**$2.3M** Round **$57M** Debt

- **Latest round:** Debt, $57M Sept 2025
- **Step-up i:** 24.6×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023 2025

**$2.3M** Round

**$57M** Debt

- **First round:** Round, $2.3M
- **Biggest round:** $57M
- **Between rounds:** 10.3 years

## The rounds

- **Sept 2025** Debt **$57M** No investor was named in the report. Source recorded SEC filing: $7.4M sold, first sale May 2025
- **Apr 2015** Round **$2.3M** *3 new* [Charles Allen](https://millionrounds.com/fund/charles-allen) Charlie Kiser Michal Handerhan From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2015 **Debt** 2025 [Charles Allen](https://millionrounds.com/fund/charles-allen) Charlie Kiser Michal Handerhan

## Everyone who backed them

[Charles Allen](https://millionrounds.com/fund/charles-allen) Angel **1** round

Charlie Kiser no record of our own yet **1** round

Michal Handerhan no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=btcs).

## Quick answers about BTCS

### Who invested in BTCS?

BTCS's investors include Charles Allen, Charlie Kiser and Michal Handerhan.

### How much has BTCS raised?

BTCS has raised $59M across 2 rounds since 2015.

### When did BTCS last raise?

BTCS's most recent round was a Debt of $57M in Sept 2025.

### What was BTCS's biggest round?

Its most recent round, $57M in Sept 2025, is also its largest on record.

### Who backed BTCS first?

BTCS's first round on record, in Apr 2015, was backed by Charles Allen, Charlie Kiser and Michal Handerhan.

### What stage is BTCS at?

BTCS's latest named round is a Debt, in Sept 2025.

### Where is BTCS based?

BTCS is based in the United States.

## Companies like BTCS

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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