BTC Inc shares dropped a bit over four percent on Monday after the company announced a major leadership change. Brandon Green has taken over as the new CEO, and the change is effective right away.
David Bailey, who had been leading the company, is stepping down from the CEO role. He will stay on as Chairman of the Board but will now spend most of his time running KindlyMD. Green has been with BTC Inc since twenty seventeen and has held several leadership roles. He will now guide everything from Bitcoin Magazine to the large Bitcoin Conference events that the company is known for.
Even though the stock reacted negatively, BTC Inc shared some very strong early financial numbers for the first nine months of twenty twenty five. The company expects revenue of about sixty one point nine million dollars and EBITDA of twenty three million dollars. That is roughly one hundred forty percent growth compared with last year.
The company also pointed to big jumps in engagement. Global conference attendance is up forty five percent. Streaming and social channels are estimated to have about twelve point eight million impressions. Bitcoin Magazine and its media networks are reaching more than one hundred seventy five million impressions every month.
BTC Inc also said it holds an option to buy UTXO Management, which is a hedge fund that invests in Bitcoin-related companies. This option comes from a previous marketing services agreement. The company believes this step fits with its growing institutional plans as it looks ahead to twenty twenty six.
BTC Inc was founded in twenty thirteen and has grown into a major platform for Bitcoin education and advocacy. Its recent Bitcoin Conference in Las Vegas drew over thirty thousand attendees and four hundred speakers, including the sitting Vice President of the United States.