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Crypto Assets | 12 Months Ended
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Dec. 31, 2023
Other Liabilities Disclosure [Abstract] |
Crypto Assets | Note 4 – Crypto Assets The following table presents the Company’s crypto assets held as of December 31, 2023: Schedule of Crypto Assets Held
Asset |  | Tokens |  |  | Cost |  |  | Fair Market Value |
Ethereum (ETH) |  |  | 7,815 |  |  | $ | 8,862,438 |  |  | $ | 17,829,264 |
Cosmos (Atom) |  |  | 270,098 |  |  |  | 4,843,231 |  |  |  | 2,860,870 |
Solana (SOL) |  |  | 7,845 |  |  |  | 535,109 |  |  |  | 796,327 |
Avalanche (Avax) |  |  | 17,842 |  |  |  | 1,129,281 |  |  |  | 687,713 |
Axie Infinity (AXS) |  |  | 60,552 |  |  |  | 1,913,988 |  |  |  | 535,546 |
Polygon (Matic) |  |  | 506,010 |  |  |  | 848,606 |  |  |  | 491,138 |
Oasis Network (ROSE) |  |  | 2,647,629 |  |  |  | 157,541 |  |  |  | 363,571 |
Kusama (KSM) |  |  | 7,313 |  |  |  | 1,427,083 |  |  |  | 329,353 |
Kava (KAVA) |  |  | 345,394 |  |  |  | 1,089,300 |  |  |  | 301,429 |
NEAR Protocol (NEAR) |  |  | 80,267 |  |  |  | 162,780 |  |  |  | 293,204 |
Akash (AKT) |  |  | 119,071 |  |  |  | 46,156 |  |  |  | 291,574 |
Cardano (ADA) |  |  | 265,254 |  |  |  | 402,901 |  |  |  | 157,615 |
Mina (MINA) |  |  | 90,017 |  |  |  | 63,539 |  |  |  | 122,007 |
Polkadot (DOT) |  |  | 8,650 |  |  |  | 139,711 |  |  |  | 70,879 |
Evmos (EVMOS) |  |  | 345,777 |  |  |  | 97,404 |  |  |  | 43,886 |
Tezos (XTZ) |  |  | 26,174 |  |  |  | 73,318 |  |  |  | 26,379 |
Band Protocol (BAND) |  |  | 992 |  |  |  | 1,500 |  |  |  | 2,174 |
Total |  |  | - |  |  | $ | 21,793,886 |  |  | $ | 25,202,929 |
The following table presents a rollforward of the Company’s crypto asset activities for the years ended December 31, 2023 and 2022: Schedule of Crypto Asset Activities
December 31, 2021 - Book Value |  | $ | 12,365,472 |
Purchases of crypto assets |  |  | 9,453,024 |
Rewards earned from staking |  |  | 1,692,454 |
Sales of crypto assets |  |  | (3,132,920 | )
Realized gains on sale of crypto assets |  |  | 506,757 |
Impairment loss |  |  | (13,348,874 | )
December 31, 2022 - Book Value |  | $ | 7,535,913 |
Opening adjustment for change in accounting principle |  |  | 4,986,377 |
Purchases of crypto assets |  |  | 1,804,482 |
Rewards earned from staking |  |  | 1,339,628 |
Sales of crypto assets |  |  | (1,994,851 | )
Realized gains on sale of crypto assets |  |  | 147,295 |
Realized losses on sale of crypto assets |  |  | (751,563 | )
Change in unrealized appreciation (depreciation) of crypto assets |  |  | 12,135,648 |
December 31, 2023 - Fair Market Value |  | $ | 25,202,929 |
BTCS Inc. NOTES TO FINANCIAL STATEMENTS

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