Bitcoin Shop, Inc. through its wholly owned subsidiary Bitcoinshop.us LLC (BCSLLC), is in the business of developing, marketing and operating an e-commerce Website. The Company intends to list merchandise for customers to purchase with virtual currencies, primarily Bitcoin. The Company offers its users an online marketplace for transacting business in digital currencies, including Bitcoins, Litecoins and Dogecoins (Digital Currencies). The Company is also in the business of mining Digital Currencies specifically Bitcoin. The Company has developed an application and Website that allows the Company to interface with its vendors in order to display up-to-date inventory, and present prices stated in digital currency based on a market exchange rate stated in United States Dollars (USD). The equivalence of Digital Currencies to USD is updated continually and at each stage through the checkout process.