BTCS Inc. (BTCS): debt financing — BTCS borrows $2.5M via AAVE to acquire 1,000 ETH; total ETH holdings increase 61% to 14,600

BTCS Inc.

Borrowed additional $2.5M USDT from AAVE, total borrowings $4M collateralized by 3,900 ETH (~$9.85M).
Net cost of capital approximately 2.78% per year (interest paid 4.71% minus earned 1.92%).
Acquired 1,000 ETH at avg $2,528 for ~$2.5M; no shareholder dilution.
Total ETH holdings now ~14,600, up 61% from 9,063 at Q1 end.
ETH will support staking operations for NodeOps business.

item 2.03 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BTCS Inc. incurred loan of $2.5 million USDT with AAVE at approximately 4.71% per annum.

Instrument: loan
Principal: $2.5 million USDT
Counterparty: AAVE
Rate: approximately 4.71% per annum
Event: incurrence

Exact text from the filing

Beginning on June 17, 2025, BTCS Inc. (the “Company”) borrowed an additional $2.5 million USDT from AAVE, a decentralized finance lending protocol, bringing the total borrowings on AAVE to $4 million USDT.

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BTCS Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-015746

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