Equity Stock Transfer Logo


Series V Shareholder’s FAQ

Key Information:

Series V Preferred Stock
CUSIP: 05581M503

Transfer Agent:
Equity Stock Transfer (“EST”)
237 W 37th St. Suite 602
New York, NY 10018

How will my Series V Preferred (“Series V”) shares show up in my brokerage account?

As there is no ticker symbol outside of Upstream therefor your Series V shares may show up in your brokerage account under its CUSIP number: 05581M503.  However, how each broker displays the Series V may differ by brokerage firm so you should check with your brokerage firm if it doesn’t show up under CUSIP number 05581M503.  Note the CUSIP numbers is the same for the Series V regardless of brokerage firm.

How do I move my BTCS Series V Preferred shares to Equity Stock Transfer?

Series V shares may be moved to EST by contacting your broker-dealer (or other custodian) and initiating a Direct Registration System (“DRS”) transfer request of the Series V to EST, each broker-dealer has different processes so you must contact them directly. Please note that the Series V shares will be transferred using free delivery at DTC via a DRS transfer to EST. BTCS will cover the cost of a DRS transfer but not the costs associated with DWAC or other transfer methods so be sure to request a DRS transfer.

What information do I need to complete a DRS transfer to BTCS’s transfer agent EST?

While each broker may have different forms you will likely need the information listed below to submit a transfer request.  Also, be sure you ask your broker for an outbound DRS form to transfer shares out of your brokerage account, they’ll likely have a different form to transfer shares into your brokerage account.

  1. Account Information (This is for your brokerage account)
    • Your brokerage account number
    • Number of shares being transferred out – Note: this should be all the Series V shares.
    • Security Name / Symbol – Note: This is not BTCS Inc. (ticker: BTCS), only enter the CUSIP (05581M503) otherwise you’ll be requesting your broker to transfer your BTCS common shares to EST.
    • Transfer agent account number – Leave blank if requested.
  2. Recipient Information Note: You are the recipient; you are sending the Series V to yourself at BTCS’s transfer agent.
    • Name, birthdate, and SSN or Tax ID Number.
  3. Address InformationNote: This is your address.

What is a Transfer Agent?

Transfer agents record changes of ownership, maintain the issuer's security holder records, cancel and issue certificates, and distribute dividends. Because transfer agents stand between issuing companies and security holders, efficient transfer agent operations are critical to the successful completion of secondary trades. SEC rules and regulations are intended to facilitate the prompt and accurate clearance and settlement of securities transactions and that assure the safeguarding of securities and funds. Section 17A(c) of the 1934 Act requires that transfer agents be registered with the SEC, or if the transfer agent is a bank, with a bank regulatory agency.  More information on Transfer agents can be found here: https://www.sec.gov/divisions/marketreg/mrtransfer.

What is a CUSIP?

CUSIP stands for Committee on Uniform Securities Identification Procedures.  A CUSIP number identifies most financial instruments, including: stocks of all registered U.S. and Canadian companies, commercial paper, and U.S. government and municipal bonds.  The CUSIP system (formally known as CUSIP Global Services)—owned by the American Bankers Association and managed by Standard & Poor’s—facilitates the clearance and settlement process of securities. More information on CUSIP numbers can be found here: https://www.sec.gov/answers/cusip.

Can I trade my shares if held at the Transfer Agent?

No. You cannot trade shares held at the Transfer Agent.  For example, common stock held at the Transfer Agent must first be moved to a brokerage account before it can be traded, and Series V held at the Transfer Agent must first be moved to Upstream before it can be traded.

Will I have online access to my account at Equity Stock Transfer?

No.  You can request a statement of your holding by emailing online@equitystock.com. Since you can’t trade securities through the transfer agent many investors do not opt for online access.  Moreover, if you are moving your Series V shares from your brokerage firm to Upstream there is little need to set up online access.  You may request online access to your Equity Stock Transfer account however there is an associated fee that is not covered by BTCS Inc.