---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-000077"
form_type: "8-K"
ticker: "BTCS"
cik: "0001436229"
company_name: "BTCS Inc."
filed_at: "2025-01-02T23:59:59+00:00"
generated_at: "2026-05-28T18:07:07.497199+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# BTCS sets 2025 performance milestones with revenue target up to $20M; CFO salary raised to $260K

## Summary
- 2024 performance payouts: cash $200,307 total; COO Handerhan receives $94,676, CFO Prevoznik $52,815, CTO Paranjape $52,815.
- Restricted stock issuances: 286,199 net shares vested; CEO Allen zero; Handerhan 119,591; Prevoznik 45,439; Paranjape 121,169.
- Stock options granted: 1,234,795 total; CEO Allen 841,842 options at $2.47 exercise price, 7-year term.
- 2025 milestones: revenue (75% weight) threshold $4M, target $8M, cutoff $20M; cash & crypto (25%) threshold $39M, target $60M, cutoff $75M.
- CFO Michael Prevoznik's annual base salary increased from ~$246,000 to $260,000.

## SEC filing metadata
- accession: 0001493152-25-000077
- form_type: 8-K
- ticker: BTCS
- cik: 0001436229
- company_name: BTCS Inc.
- filed_at: 2025-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436229/000149315225000077/0001493152-25-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436229/000149315225000077/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-000077
- JSON: https://secwatch.observer/filing/0001493152-25-000077.json
- Plain text: https://secwatch.observer/filing/0001493152-25-000077.txt

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