Form 8-K

8-K — BTCS Inc.

Accession: 0001493152-26-039970

Filed: 2026-08-25

Period: 2026-08-21

CIK: 0001436229

SIC: 6199 (FINANCE SERVICES)

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): August 21, 2026

BTCS

INC.

(Exact

name of registrant as specified in its charter)

Nevada

001-40792

90-1096644

(State

or Other Jurisdiction

Incorporation)

(Commission

File

Number)

(I.R.S.

Employer

Identification

No.)

303 W. Lancaster Ave #336, Wayne, PA 19087

(Address

of Principal Executive Offices, and Zip Code)

(202)

430-6576

Registrant’s

Telephone Number, Including Area Code

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, $0.001 par value

BTCS

The

Nasdaq Stock Market

(The

Nasdaq Capital Market)

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)

or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

previously disclosed, on May 15, 2026, the Board of Directors of BTCS Inc. (the “Company”) approved a maximum permitted loan-to-value

ratio (“LTV”) of 50% (the “LTV Cap”) applicable to the Company’s borrowings under the AAVE protocol, a

decentralized finance lending protocol (the “AAVE Protocol”), and removed all other restrictions on the amount that may be

borrowed under the AAVE Protocol, subject to the LTV Cap. The Company actively manages its AAVE Protocol borrowing position, including

its LTV, collateral composition, and liquidation risk, on an ongoing basis in light of prevailing market conditions.

August 21, 2026, in connection with this ongoing management of its AAVE Protocol position, the Company borrowed an additional $10.0 million

USDT from AAVE, bringing total borrowings on AAVE to approximately $53.0 million. The total AAVE borrowing: (i) is collateralized by

approximately 46,531 Ethereum (ETH) with an approximate value of $112.6 million based on an ETH price of $2,420, and (ii) has no fixed

maturity date but is subject to liquidations or partial liquidations if the health factor (“HF”) falls below one. The HF

is calculated by taking the total value of the ETH collateral, multiplying it by its liquidation threshold (approximately 80% for ETH),

and then dividing that result by the total value of the borrowed assets.

The

loan carries a variable interest rate set by AAVE’s smart contract, which adjusts based on market conditions and is published at

aave.com. At the time of the additional borrowing, the interest rate was approximately 3.98% per annum.

The

proceeds from the loan were used to acquire additional ETH and USDC, which was deployed into liquidity pools through the Company’s

Imperium business.

The

Company believes its activities under the AAVE Protocol are part of the Company’s ordinary course of business. As a result, the

Company does not believe it is required to file a Current Report on Form 8-K each time it borrows funds under the AAVE Protocol. The

Company will update its disclosure from time to time as it deems appropriate.

Item

9.01 Financial Statements and Exhibits

(d)

Exhibits.

Exhibit

No.

Exhibit

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

BTCS

INC.

Date:

August 25, 2026

By:

/s/

Charles W. Allen

Name:

Charles

W. Allen

Title:

Chief

Executive Officer

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Aug. 21, 2026

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Entity File Number

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Entity Registrant Name

BTCS

INC.

Entity Central Index Key

0001436229

Entity Tax Identification Number

90-1096644

Entity Incorporation, State or Country Code

Entity Address, Address Line One

303 W. Lancaster Ave #336

Entity Address, City or Town

Wayne

Entity Address, State or Province

Entity Address, Postal Zip Code

19087

City Area Code

(202)

Local Phone Number

430-6576

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Trading Symbol

BTCS

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

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