Crypto Co (CRCW): debt financing — Crypto Company raises $100K+ crypto via convertible notes; launches multi-asset treasury

Crypto Co

Issued 65,043,533 common shares and convertible notes with aggregate principal of 3 BTC, 47.07 ETH, 110,505 XRP, 733.83 AVAX, and $100K USD.
Notes mature in six months, bear no interest; at maturity convert into shares at 135% of principal based on 10-day VWAP, or repay in same token.
Investors also received additional shares equal to 5% of note principal at 10-day VWAP; early repayment triggers 90% of token value.
Press release announces ‘Digital Asset Treasury’ with BTC, ETH, XRP, AVAX; custody partner Anchorage Digital Bank.
Funding comes from accredited investors Eksa Holdings, Practivist Investors, Richard Averitt, Robert Nail, Ryan Crownholm.

item 7.01 item 1.01 item 2.03 item 3.02 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 0.95

Crypto Co incurred convertible notes of 3 Bitcoin, 47.07 Ethereum, 110,505 XRP, 733.83 Avalanche, and $100,000 U.S. Dollars with Eksa Holdings LLC, Practivist Investors LLC, Richard G Averitt, Robert Nail, and Ryan Crownholm at no interest maturing six months from the date of issuance of each Note.

Instrument: convertible notes
Principal: 3 Bitcoin, 47.07 Ethereum, 110,505 XRP, 733.83 Avalanche, and $100,000 U.S. Dollars
Counterparty: Eksa Holdings LLC, Practivist Investors LLC, Richard G Averitt, Robert Nail, and Ryan Crownholm
Rate: no interest
Maturity: six months from the date of issuance of each Note
Event: incurrence

Exact text from the filing

Beginning on August 13, 2025, The Crypto Company (the “ Company ”) executed Subscription Agreements (each, a “ Subscription Agreement ” and collectively, the “ Subscription Agreements ”) with certain accredited investors: Eksa Holdings LLC, Practivist Investors LLC, Richard G Averitt, Robert Nail, and Ryan Crownholm (each, an “ Investor ” and collectively, the “ Investors ”), pursuant to which it issued an aggregate of 65,043,533 shares of the Company’s common stock, par value $0.001 (“ Common Stock ”). In addition, the Investor purchased, and the Company issued Convertible Promissory Notes (each, a “ Note ” and collectively, the “ Notes ”) with the aggregate principal amount of 3 Bitcoin (“ BTC ”), 47.07 Ethereum (“ ETH ”), 110,505 XRP (“ XRP ”), 733.83 Avalanche (“ AVAX ” and together with BTC, ETH and XRP, the “ Tokens ”), and $100,000 U.S. Dollars (“ USD ”).

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Source: SEC EDGAR

accession 0001641172-25-025020

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