{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-011227","form_type":"8-K","ticker":"BTCS","cik":"0001436229","company_name":"BTCS Inc.","filed_at":"2025-07-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.989988+00:00","generated_at":"2026-05-18T06:28:15.370027+00:00","sec_items":["2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BTCS borrows additional $2.34M USDT from AAVE, total AAVE debt ~$17.8M; ETH holdings rise to 31,855 valued at $96.2M","bullets":["New borrowing of $2.34M USDT from AAVE protocol; total AAVE debt now $17.8M, collateralized by 16,232 ETH ($49.1M).","Loan carries variable rate ~5.4% p.a.; ETH collateral earns ~2% p.a., net cost ~3.4%.","Proceeds used to acquire additional ETH, which is staked or to be staked via NodeOps.","Board authorized management to borrow up to 40% of total assets (including convertible notes) at time of borrowing.","As of July 14, BTCS held 31,855 ETH valued at $96.2M; total crypto and cash ~$100.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-011227","json":"https://secwatch.observer/filing/0001493152-25-011227.json","markdown":"https://secwatch.observer/filing/0001493152-25-011227.md","text":"https://secwatch.observer/filing/0001493152-25-011227.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1436229/000149315225011227/0001493152-25-011227-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1436229/000149315225011227/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:28:15.370027+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"948db727e1de43e9fb617c0b163bea2fe67bbcfa","claim":"BTCS Inc. incurred loan of $2.34 million USDT with AAVE at approximately 5.4% per annum maturing no fixed maturity date.","evidence_excerpt":"borrowed an additional $2.34 million USDT from AAVE, a decentralized finance lending protocol","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1436229/000149315225011227/0001493152-25-011227-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2.34 million USDT"},{"label":"Counterparty","value":"AAVE"},{"label":"Rate","value":"approximately 5.4% per annum"},{"label":"Maturity","value":"no fixed maturity date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}