{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-025020","form_type":"8-K/A","ticker":"CRCW","cik":"0001688126","company_name":"Crypto Co","filed_at":"2025-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.655940+00:00","generated_at":"2026-05-17T10:54:05.791256+00:00","sec_items":["7.01","1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crypto Company raises $100K+ crypto via convertible notes; launches multi-asset treasury","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-025020","json":"https://secwatch.observer/filing/0001641172-25-025020.json","markdown":"https://secwatch.observer/filing/0001641172-25-025020.md","text":"https://secwatch.observer/filing/0001641172-25-025020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1688126/000164117225025020/0001641172-25-025020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1688126/000164117225025020/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:54:05.791256+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":"39f9cdfde9783ca9f1efb8bb3ee07ed84eea9adb","claim":"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.","evidence_excerpt":"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 ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1688126/000164117225025020/0001641172-25-025020-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"3 Bitcoin, 47.07 Ethereum, 110,505 XRP, 733.83 Avalanche, and $100,000 U.S. Dollars"},{"label":"Counterparty","value":"Eksa Holdings LLC, Practivist Investors LLC, Richard G Averitt, Robert Nail, and Ryan Crownholm"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"six months from the date of issuance of each Note"},{"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"}