Shares of Blink Charging Co. rose after the electric vehicle charging company disclosed that it has begun accepting cryptocurrency payments at a limited number of its U.S. fast-charging sites.
Blink Charging’s common stock closed at $0.8066, up by 12.43% on the day, before extending gains in pre-market trading. By 9:27 a.m. EST, the shares were quoted at $0.8280, representing an additional 2.65% increase from the prior close, according to price data reflected in market charts.
Crypto payments introduced at select U.S. charging sites
The firm has introduced the initial step in cryptocurrency payments in some of the Blink-owned DC fast charging sites in the United States. In its initial implementation, drivers will be able to pay with USD Coin (USDC), a stablecoin pegged to the U.S. dollar, on various blockchain networks, including Ethereum, Arbitrum, Polygon, and Base.
The company has reported that the crypto payment option is already operational in two stores, 1680 Main Street, Chipley, Florida, and 145 SE Bandit Street, Madison, Florida. Blink claimed that it will increase the use of cryptocurrency payments at more Blink-owned charging locations by 2026.
The news marks the initial step of the company to open its doors to digital asset payments for EV charging services. Blink claimed that the feature only works with specific DC fast chargers and was not operational on its larger network at the time.
In addition, Blink Charging’s Chief Technology Officer, Harmeet Singh, noted that the shift is driven by customer demand for more payment options and aligns with broader trends of increased digital asset usage.
Market reaction follows recent equity offering
This stock action follows a public offering of common stock worth $20 million in shares that was floated by Blink several weeks ago. In December 2025, the company announced that it had sold 26,664,666 shares at a public offering price of $0.75 per share.
The offering was registered on a Form S-1 that was declared effective by the Securities and Exchange Commission on December 10, 2025. According to the report, H.C. Wainwright and Roth Capital Partners were the co-placement agents.
Blink reported that the net proceeds will fund capital expenditures, which will consolidate capital owned and operated DC fast charging systems, as well as assist with working capital and general corporate purposes. The offering was set to close on or around December 12, 2025.
Notably, Blink Charging has also announced a key expansion in the United Kingdom. Blink Charging UK was selected to undertake the first rollout of a £1.41 million EV charging station project in the West Yorkshire region, with installation scheduled to commence late in 2025.
The deal also involves the deployment of 716 public chargers in Bradford, Calderdale, Kirklees, Leeds, and Wakefield, an area that will be integrated with the West Yorkshire Combined Authority.
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Source: https://www.cryptopolitan.com/blink-charging-stock-jumps-by-12/
