---
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"
generated_at: "2026-05-17T10:54:05.791256+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crypto Company raises $100K+ crypto via convertible notes; launches multi-asset treasury

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-025020
- JSON: https://secwatch.observer/filing/0001641172-25-025020.json
- Plain text: https://secwatch.observer/filing/0001641172-25-025020.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1688126/000164117225025020/0001641172-25-025020-index.htm

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