---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022528"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:04:56.481120+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Worksport doubles Bitcoin holdings, orders machine to double production capacity, projects $20M revenue

## Summary
- Bitcoin holdings doubled; existing BTC/XRP portfolio up ~15% since initial purchase in Dec 2024.
- Deposit placed on new manufacturing machine, expected to raise annual capacity from >$50M to >$100M.
- Initiated conversations with two additional automotive OEMs; existing paid pilot with top-15 US construction firm.
- Projected year-end revenue target of $20 million; Q2 earnings webcast August 13, 2025.
- COR portable energy system and SOLIS solar tonneau cover launch expected Fall 2025 targeting $13B market.

## SEC filing metadata
- accession: 0001641172-25-022528
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000164117225022528/0001641172-25-022528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000164117225022528/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022528
- JSON: https://secwatch.observer/filing/0001641172-25-022528.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022528.txt

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