{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-015746","form_type":"8-K","ticker":"BTCS","cik":"0001436229","company_name":"BTCS Inc.","filed_at":"2025-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.290815+00:00","generated_at":"2026-05-19T01:10:14.309993+00:00","sec_items":["2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BTCS borrows $2.5M via AAVE to acquire 1,000 ETH; total ETH holdings increase 61% to 14,600","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-015746","json":"https://secwatch.observer/filing/0001641172-25-015746.json","markdown":"https://secwatch.observer/filing/0001641172-25-015746.md","text":"https://secwatch.observer/filing/0001641172-25-015746.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1436229/000164117225015746/0001641172-25-015746-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1436229/000164117225015746/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T01:10:14.309993+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":"59535fda9ea429e2f5d30e8031318c374b16521c","claim":"BTCS Inc. incurred loan of $2.5 million USDT with AAVE at approximately 4.71% per annum.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1436229/000164117225015746/0001641172-25-015746-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2.5 million USDT"},{"label":"Counterparty","value":"AAVE"},{"label":"Rate","value":"approximately 4.71% per annum"},{"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"}