BT

BTCS S.A. (BTF.WA) — BTC Stacking Curve

Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.

Total BTC
199.16
Disclosed buys
4
Avg cost basis
$98.4K
90-day BTC
62.48
Weekly rate
4.86/wk
Best fit
Richards
R² 0.91

BTCS S.A. holds 199.16 BTC across 4 disclosed purchases. Average cost basis $98,413 per BTC. Last 30 days: 0 BTC. Last 90 days: 62.48 BTC — 4.86/week. Best fit: Richards (R² 0.91). Curve flattens toward 203.14 BTC, steepest accumulation Sep 2025.

Cumulative BTC heldBTC purchase (size = BTC)Share priceRichards fit

Transaction history

All BTC transactions, most recent first.

DateBTCSpotUSD CostCumulative
Mar 31, 202662.48$66.7K$4.2M199.16
Dec 15, 20251.68$89.5K$150.7K136.68
Sep 29, 2025115$112.5K$12.9M135
Sep 26, 202520$117.2K$2.3M20

How to read this chart

Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.

Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.

Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?

Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.

Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.