BTCS
BTCS Inc.
There isn't enough reported data to score BTCS yet.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
BTCS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| N/A | |
| N/A |
BTCS's revenue is currently healthy, but its profitability is weak. Free cash flow and net leverage aren't meaningful measures for financial services companies like BTCS.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
BTCS PE Valuation
BTCS has no meaningful PE right now: it lost money over the past year.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
BTCS Forward outlook
There aren't enough analyst estimates for BTCS to show an outlook.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
BTCS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.61 | -403% |
| Q2 2026 | -$2.41 | -$1.41 |
| Q1 2026 | -$1.57 | $0.00 |
| Q4 2025 | -$1.00 | -$0.92 |
| Q3 2025 | $0.86 | +115% |
| Q2 2025 | -$1.00 | -209% |
| Q1 2025 | -$1.57 | -223% |
| Q4 2024 | -$0.08 | -115% |
BTCS has swung to a loss: it lost $2.61 per share over the past year, after a profit the year before.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
IREN has the edge over BTCS on earnings, with more consistent year-over-year improvement.
BTCS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.1M | -17% |
| Q2 2026 | $2.4M | -12% |
| Q1 2026 | $2.1M | +27% |
| Q4 2025 | $7.1M | +205% |
| Q3 2025 | $4.9M | +568% |
| Q2 2025 | $2.8M | +394% |
| Q1 2025 | $1.7M | +338% |
| Q4 2024 | $2.3M | +612% |
BTCS has the edge over IREN on sales, with more consistent year-over-year improvement.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
BTCS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2025 | -$1.3M | -$410.8K |
| Q1 2025 | -$1.9M | -$1.1M |
| Q4 2023 | -$868.8K | -$221.5K |
| Q4 2022 | -$647.3K | +$315.9K |
| Q3 2022 | -$783.4K | -$168.7K |
| Q2 2022 | $1.7M | -76% |
| Q1 2022 | -$1.1M | +$9.5M |
| Q4 2021 | -$963.2K | +$345.9K |
BTCS has the stronger cash trend. Its trailing FCF is down 178% versus its history, compared with IREN at down 479%.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.
BTCS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +900K shares |
| 1 year | +81% | +22.7M shares |
| 3 years | +265% | +36.8M shares |
| 5 years | +961% | +45.9M shares |
BTCS has 51M diluted shares, up 81% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $1M |
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has the edge over BTCS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
BTCS Net Leverage
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
BTCS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 9.3 | Oversold |
BTCS's weekly RSI is 35 (neutral) and its Stochastic is 9 (oversold).
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
BTCS PE vs Financial Services Sector
| Metric | BTCS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
BTCS has no meaningful PE right now: it lost money over the past year.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
BTCS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.17 | 23% below |
| 20 week MA | $1.19 | 24% below |
| 50 week MA | $1.67 | 46% below |
| 100 week MA | $2.44 | 63% below |
| 200 week MA | $1.96 | 54% below |
BTCS is in a downtrend: it's below all five of its weekly moving averages, and 54% below its 200-week average.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has the edge over BTCS on trend strength, trading above more of its moving averages.
BTCS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.68 | $2.15 | +216% |
| 2021 | $2.15 | $3.95 | +84% |
| 2022 | $3.95 | $0.65 | -84% |
| 2023 | $0.65 | $1.63 | +151% |
| 2024 | $1.63 | $2.54 | +56% |
| 2025 | $2.54 | $2.91 | +15% |
| 2026 YTD | $2.91 | $0.90 | -69% |
BTCS's yearly returns have swung widely, from +216% in 2020 to −84% in 2022. It's down 69% so far in 2026.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN has the edge over BTCS on returns for 2026, with the stronger performance.