Blink Charging Inc. stock rose after the electric vehicle charging company said it has started accepting cryptocurrency payments at a limited number of fast-charging sites in the United States.
Blink Charging’s common stock closed 12.43% higher at $0.8066 on the day, and later extended its gains in pre-market trading. By 9:27 a.m. ET, the stock was valued at $0.8280, an additional 2.65% increase from its previous close, according to price data reflected in market charts.
Virtual currency payments will be introduced at some charging sites in the US
The company has introduced the first steps for cryptocurrency payments at some of its Blink-owned DC fast charging sites in the United States. The initial implementation will allow drivers to pay in USD Coin (USDC), a stablecoin pegged to the US dollar, on various blockchain networks such as Ethereum, Arbitrum, Polygon, and Base.
The company reported that the cryptocurrency payment option is already live at two of its stores: 1680 Main Street in Chipley, Florida and 145 SE Bandit Street in Madison, Florida. Blink has claimed to increase the use of cryptocurrency payments at more Blink-owned charging locations by 2026.
This news marks the company’s first step in opening the door to digital asset payments for EV charging services. Blink claimed that this feature only worked with certain DC fast chargers and not with its large network at the time.
Additionally, Harmeet Singh, chief technology officer at Blink Charging, said this change is being driven by customer demand for more payment options and is consistent with the broader trend of increased usage of digital assets.
Market reaction after recent public offering
The stock transaction follows Blink’s public offering of $20 million worth of common stock several weeks ago. In December 2025, we will announced The company announced that it sold 26,664,666 shares at the public offering price of $0.75 per share.
This offering was registered on Form S-1, which was declared effective by the Securities and Exchange Commission on December 10, 2025. HC Wainwright and Roth Capital Partners were the joint placement agents, according to the report.
Blink reports that the net proceeds will fund capital expenditures, which will consolidate capital for owned and operated DC fast charging systems, and also support working capital and general corporate purposes. This recruitment was scheduled to close on or around December 12, 2025.
In particular, Blink Charging beannounced significant expansion in the UK. Blink Charging UK has been selected for the first rollout of a £1.41 million EV charging station project in the West Yorkshire region, with installation expected to begin in late 2025.
The contract also includes 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.
