secwatch.observer — SEC 8-K summary
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Issuer:     BTCS Inc. (BTCS)
CIK:        0001436229
Form:       8-K
Filed at:   2026-08-20T12:30:49+00:00
Accession:  0001493152-26-039377
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BTCS Q2 2026 revenue $2.4M (+14% QoQ); gross margin 61%; net loss $34.9M
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- Total revenue $2.4M in Q2 2026, up 14% from $2.1M in Q1; gross profit $1.5M (61% margin), up 47% from $1.0M.
- Imperium DeFi revenue $1.5M (+48% QoQ), ~61% of total; infrastructure (NodeOps/Builder+) fell to $0.9M from $1.1M.
- Net loss narrowed to $34.9M from $69.1M in Q1, driven by non-cash unrealized/realized ETH losses and liquidity pool deposits.
- Debt reduced to $50.4M from $74.8M; repaid $8.2M of Aave debt; total assets fell to $89.3M from $129.0M as of March 31.
- No ATM share sales in Q2; 49.8M shares outstanding; management cites CLARITY Act uncertainty as longer-term regulatory tailwind.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436229/000149315226039377/0001493152-26-039377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436229/000149315226039377/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-039377

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