WAYNE, PA — BTCS Inc. (Nasdaq: BTCS) said it has revised its 2026 annual performance incentive program to place greater emphasis on gross profit, shifting away from a model previously weighted toward revenue growth.
The company said the updated framework was approved by its board of directors, based on a recommendation from the compensation committee.
Under the revised plan, performance incentives for executives and employees will be based on gross profit weighted at 50%, revenue at 25%, and cash and crypto holdings at fair market value at 25%.
Previously, incentives were based primarily on revenue, which carried a 75% weighting, along with a 25% weighting for cash and crypto holdings, with no component tied to gross profit.
BTCS said the change reflects a strategic shift toward profitability and operational performance.
The company set a 2026 gross profit target of $6 million, compared with approximately $2 million in unaudited gross profit for 2025.
“While top-line growth remains an important indicator … we believe sustained profitability and disciplined execution are equally critical,” CEO Charles Allen said.
BTCS disclosed additional details of the revised incentive program in a Form 8-K filed with the Securities and Exchange Commission on March 16, 2026.
Support the local news that supports Chester County. MyChesCo delivers reliable, fact-based reporting and essential community resources—free for everyone. If you value that, click here to become a patron today.