Shares of Blink Charging Co. rose after the electrical automobile charging firm disclosed that it has begun accepting cryptocurrency payments at a restricted variety of its U.S. fast-charging websites.
Blink Charging’s frequent stock closed at $0.8066, up by 12.43% on the day, earlier than extending features in pre-market buying and selling. By 9:27 a.m. EST, the shares have been quoted at $0.8280, representing an extra 2.65% improve from the prior shut, in accordance to worth information mirrored in market charts.
Crypto payments launched at choose U.S. charging websites
The firm has introduced the preliminary step in cryptocurrency payments in among the Blink-owned DC quick charging websites in america. In its preliminary implementation, drivers can be ready to pay with USD Coin (USDC), a stablecoin pegged to the U.S. greenback, on varied blockchain networks, together with Ethereum, Arbitrum, Polygon, and Base.
The corporate has reported that the crypto fee choice is already operational in two shops, 1680 Essential Road, Chipley, Florida, and 145 SE Bandit Road, Madison, Florida. Blink claimed that it’ll improve using cryptocurrency payments at extra Blink-owned charging places by 2026.
The information marks the preliminary step of the corporate to open its doorways to digital asset payments for EV charging services. Blink claimed that the characteristic solely works with particular DC quick chargers and was not operational on its bigger community on the time.
As well as, Blink Charging’s Chief Know-how Officer, Harmeet Singh, famous that the shift is pushed by buyer demand for extra fee choices and aligns with broader traits of elevated digital asset utilization.
Market response follows current fairness providing
This stock motion follows a public providing of frequent stock value $20 million in shares that was floated by Blink a number of weeks in the past. In December 2025, the corporate announced that it had offered 26,664,666 shares at a public providing worth of $0.75 per share.
The providing was registered on a Type S-1 that was declared efficient by the Securities and Alternate Fee on December 10, 2025. In accordance to the report, H.C. Wainwright and Roth Capital Companions have been the co-placement brokers.
Blink reported that the online proceeds will fund capital expenditures, which is able to consolidate capital owned and operated DC quick charging programs, as nicely as help with working capital and normal company functions. The providing was set to shut on or round December 12, 2025.
Notably, Blink Charging has additionally announced a key enlargement in the UK. Blink Charging UK was chosen to undertake the primary rollout of a £1.41 million EV charging station mission within the West Yorkshire area, with set up scheduled to start late in 2025.
The deal additionally includes the deployment of 716 public chargers in Bradford, Calderdale, Kirklees, Leeds, and Wakefield, an space that can be built-in with the West Yorkshire Mixed Authority.
Be part of a premium crypto trading neighborhood free for 30 days – usually $100/mo.
