SOURCE: Bitcoin Shop, Inc.

Bitcoin Shop, Inc.

December 05, 2014 09:00 ET

Bitcoin Shop CEO Charles Allen Interviewed on Bloomberg TV's 'Street Smart' to Discuss the U.S. Marshals Service Bitcoin Auction

ARLINGTON, VA--(Marketwired - Dec 5, 2014) - Bitcoin Shop, Inc. (OTCQB: BTCS) ("Bitcoin Shop" or the "Company"), operator of the digital currency ecommerce marketplace www.btcs.com, which is undertaking the build-out of a universal digital currency ecosystem, today announced that its Chief Executive Officer, Charles Allen, was interviewed on Thursday, December 4, 2014 live on Bloomberg TV's Street Smart at 3:20 p.m. ET. The topic of the appearance was a discussion regarding the U.S. Marshals Service auction of 50,000 bitcoins.

Street Smart online viewing details are as follows:
Interview Date: Thursday, December 4, 2014
Network/Program: Bloomberg TV/Street Smart
Interview Title: On the Auction Block: 50,000 Bitcoins
Interview Link: http://www.businessweek.com/videos/2014-12-04/on-the-auction-block-50-000-bitcoins

About Bitcoin Shop, Inc.:
Bitcoin Shop, Inc. plans to build a universal digital currency platform with the goal of enabling users to engage in the digital currency ecosystem through one point of access. We currently operate our legacy ecommerce website (www.bitcoinshop.us) and are operating our public beta site (www.btcs.com) where consumers can purchase products using digital currency such as bitcoin, litecoin and dogecoin, by searching through a selection of over 2 million items. We provide our customers competitive pricing options from over 85 retailers through our "Intelligent Shopping Engine." All ecommerce customer orders are fulfilled by third party vendors. We plan to use our ecommerce platform as a customer on-ramp for a broader digital currency platform. We have been actively partnering with strategic digital currency companies who have technologies, services or products that are complementary to our business strategy by making investments in them and integrating with them.

Digital currencies use peer-to-peer networks to facilitate instant payments. They are categorized as cryptocurrencies, as they use cryptography as a security measure. Digital currency issuances and transactions are carried out collectively by the network, with no central authority, and allow users to make verified transfers.

Forward Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its digital currency business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact Information

  • Investor Relations Primary Contact:
    Valter Pinto
    Capital Markets Group, LLC
    (914) 669-0222 or (212) 398-3486
    Email Contact

    Investor Relations:
    Jon Cunningham
    RedChip Companies, Inc.
    (800) 733 2447 ext 107
    Email Contact

    Public Relations:
    Mercy Chikowore
    Bitcoin Shop Inc.
    (803) 347-6905
    Email Contact