---
schema_version: "secwatch.filing_event.v1"
accession: "0001074828-26-000078"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2026-09-16T13:15:19+00:00"
generated_at: "2026-09-16T13:16:11.444371+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# USBC draws additional $3M under Bitcoin-backed credit facility; total $21M

## Summary
- Additional fixed-rate borrowing of $3.0M under Master Loan Agreement with Payward Interactive.
- Aggregate principal outstanding rises to $21.0M at 8.5% annual interest, maturing Sept 11, 2027.
- Collateral: 479 BTC held with Payward Financial; a ~27.4% Bitcoin price drop would trigger 130% collateral call.
- No collateral calls, mandatory repayments, or liquidation events occurred as of Sept 14, 2026.

## SEC filing metadata
- accession: 0001074828-26-000078
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2026-09-16T13:15:19+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000078/0001074828-26-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000107482826000078/usbc-20260911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074828-26-000078
- JSON: https://secwatch.observer/filing/0001074828-26-000078.json
- Plain text: https://secwatch.observer/filing/0001074828-26-000078.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.