--- schema_version: "secwatch.filing_event.v1" accession: "0001493152-23-024394" form_type: "8-K" ticker: "BTCS" cik: "0001436229" company_name: "BTCS Inc." filed_at: "2023-07-13T23:59:59+00:00" generated_at: "2026-06-13T08:41:22.497071+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.4 calibrated_materiality_score: 0.4 confidence: "high" source: SEC EDGAR --- # BTCS stockholders approve 10x increase in authorized common shares; preferred increase rejected ## Summary - Elected directors: Charles Allen, Michal Handerhan, Melanie Pump, Charles Lee, Carol Van Cleef. - Common shares authorized increased from 97.5M to 975M (passed); preferred from 20M to 200M did not pass. - Equity plan shares increased from 7M to 12M (approved). - Amendment to Articles filed with Nevada Secretary of State for common share increase. - Record date: 13.8M shares outstanding; ~66.5% voting power represented; adjournment proposal moot. ## SEC filing metadata - accession: 0001493152-23-024394 - form_type: 8-K - ticker: BTCS - cik: 0001436229 - company_name: BTCS Inc. - filed_at: 2023-07-13T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.4 - calibrated_materiality_score: 0.4 - confidence: high - sec_items: 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/form8-k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001493152-23-024394 - JSON: https://secwatch.observer/filing/0001493152-23-024394.json - Plain text: https://secwatch.observer/filing/0001493152-23-024394.txt ## Key facts - Shareholder Votes BTCS Inc. shareholders approved Approval of an amendment to the Articles of Incorporation to increase the number of authorized shares of common stock from 97.5 million to 975 million shares at the 2023-07-11 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-07-11 source text: Proposal 2 . The Company’s stockholders voted to approve the amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of common stock from 97.5 million to 975 million shares. Proposal 2 passed. Votes Against Abstentions 7,546,868 1,593,071 59,702 evidence_url: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm - Shareholder Votes BTCS Inc. shareholders approved Election of five members to the Company’s Board of Directors for a one-year term expiring at the next annual meeting of stockholders at the 2023-07-11 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-07-11 source text: Proposal 1 . The Company’s stockholders voted to elect the following five directors to hold office for a one-year term expiring at the next annual meeting of stockholders. Each of the five nominees was elected. Directors Votes Withheld Broker Non-Votes Charles Allen 5,802,628 120,465 3,276,551 Michal Handerhan 5,768,390 154,703 3,276,551 Melanie Pump 5,722,707 200,385 3,276,552 Charles Lee 5,319,438 603,654 3,276,552 Carol Van Cleef 5,308,339 614,753 3,276,552 evidence_url: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm - Shareholder Votes BTCS Inc. shareholders rejected Approval of an amendment to the Articles of Incorporation to increase the number of authorized shares of preferred stock from 20 million to 200 million shares at the 2023-07-11 meeting. - Proposal: charter amendment - Outcome: failed - Meeting: 2023-07-11 source text: Proposal 3 . The Company’s stockholders voted to approve the amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of preferred stock from 20 million to 200 million shares. Proposal 3 did not pass. Votes Against Abstentions Broker Non-Votes 5,256,938 799,415 22,352 3,120,939 evidence_url: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm - Shareholder Votes BTCS Inc. shareholders approved Approval of an amendment to the 2021 Equity Incentive Plan to increase the number of shares of common stock authorized for issuance under the Plan from 7 million to 12 million shares at the 2023-07-11 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-07-11 source text: Proposal 5 . The Company’s stockholders voted to approve an amendment to the Plan to increase the number of shares of common stock authorized for issuance under the Plan from 7 million to 12 million shares. Proposal 5 passed. The amendment to the Plan is filed as Exhibit 4.1 to this Current Report on Form 8-K. Votes Against Abstentions Broker Non-Votes 5,126,752 773,192 23,147 3,276,553 evidence_url: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm - Shareholder Votes BTCS Inc. shareholders approved Ratification of the appointment of RBSM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-07-11 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-07-11 source text: Proposal 4 . The Company’s stockholders voted to ratify the appointment of RBSM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Proposal 4 passed. Votes Against Abstentions 8,798,547 179,572 221,522 evidence_url: https://www.sec.gov/Archives/edgar/data/1436229/000149315223024394/0001493152-23-024394-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.