[8-K] BTCS Inc. Reports Material Event
BTCS Inc. reported that on August 7, 2025 its board determined the company exceeded the highest-tier liquidity milestone under the 2025 Annual Performance Incentive Plan by maintaining a combined cash and crypto balance in excess of $75 million for twenty consecutive days. That liquidity milestone represents 25% of each executive officer's target incentive compensation and is intended to reward financial strength and liquidity.
In line with the plan, the board approved performance-based awards in the form of non-qualified stock options. The Chief Executive Officer received 169,232 options and the Chief Financial Officer received 81,613 options. The options have a seven-year term, an exercise price of $4.20 per share, and vest in full on December 31, 2026. The report was signed by CEO Charles W. Allen on August 11, 2025.
BTCS Inc. ha comunicato che il 7 agosto 2025 il consiglio di amministrazione ha determinato che la societ脿 ha superato il livello pi霉 alto del traguardo di liquidit脿 previsto dal Piano Annuale di Incentivi alla Performance 2025, mantenendo un saldo combinato di contanti e criptovalute superiore a $75 million per venti giorni consecutivi. Tale traguardo rappresenta il 25% della remunerazione obiettivo di incentivo di ciascun dirigente ed 猫 volto a premiare la solidit脿 finanziaria e la liquidit脿.
In linea con il piano, il consiglio ha approvato premi legati alla performance sotto forma di stock option non qualificate. Al Chief Executive Officer sono state assegnate 169,232 opzioni e al Chief Financial Officer 81,613 opzioni. Le opzioni hanno una durata di sette anni, un prezzo di esercizio di $4.20 per azione e maturano integralmente il 31 dicembre 2026. Il rapporto 猫 stato firmato dall'Amministratore Delegato Charles W. Allen l'11 agosto 2025.
BTCS Inc. inform贸 que el 7 de agosto de 2025 su junta determin贸 que la compa帽铆a super贸 el nivel m谩ximo del hito de liquidez contemplado en el Plan Anual de Incentivos por Desempe帽o 2025, al mantener un saldo combinado de efectivo y criptomonedas superior a $75 million durante veinte d铆as consecutivos. Ese hito de liquidez representa el 25% de la compensaci贸n objetivo de incentivo de cada ejecutivo y tiene por objeto recompensar la solidez financiera y la liquidez.
De acuerdo con el plan, la junta aprob贸 premios basados en el rendimiento en forma de opciones sobre acciones no calificadas. El Chief Executive Officer recibi贸 169,232 opciones y el Chief Financial Officer recibi贸 81,613 opciones. Las opciones tienen un plazo de siete a帽os, un precio de ejercicio de $4.20 por acci贸n y adquieren plena vigencia el 31 de diciembre de 2026. El informe fue firmado por el CEO Charles W. Allen el 11 de agosto de 2025.
BTCS Inc.電� 2025雲� 8鞗� 7鞚� 鞚挫偓須岅皜 須岇偓臧� 2025雲� 鞐瓣皠 靹标臣 鞚胳劶韹半笇 瓿勴殟鞚� 斓滉碃 靾橃 鞙犽彊靹� 氇╉憸毳� 齑堦臣頄堧嫟瓿� 瓴办爼頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 須岇偓電� 順勱笀瓿� 鞎旐樃頇旐彁鞚� 頃╆硠 鞛旍暋鞚� $75 million 齑堦臣搿� 鞐办啀 20鞚缄皠 鞙犾頄堨姷雼堧嫟. 頃措嫻 鞙犽彊靹� 氇╉憸電� 臧� 鞛勳洂 氇╉憸 鞚胳劶韹半笇 氤挫垬鞚� 25%鞐� 頃措嫻頃橂┌ 鞛 瓯挫爠靹标臣 鞙犽彊靹膘潉 氤挫儊頃橁赴 鞙勴暅 瓴冹瀰雼堧嫟.
瓿勴殟鞐� 霐半澕 鞚挫偓須岆姅 靹标臣 旮半皹 氤挫儊鞚� 牍勳瀽瓴�(Non鈥憅ualified) 鞀ろ啞鞓奠厴 順曧儨搿� 鞀轨澑頄堨姷雼堧嫟. 斓滉碃瓴届榿鞛�(CEO)鞐愱矊電� 169,232鞓奠厴, 斓滉碃鞛毂呾瀯鞛�(CFO)鞐愱矊電� 81,613鞓奠厴鞚� 歆�旮夒悩鞐堨姷雼堧嫟. 鞚� 鞓奠厴霌れ潃 7雲� 毵岅赴鞚措┌, 欤茧嫻 頄夓偓臧�瓴╈潃 $4.20, 2026雲� 12鞗� 31鞚检棎 鞝勲秬 甓岆Μ頇曥爼(氩犾姢韺�)霅╇媹雼�. 氤搓碃靹滊姅 2025雲� 8鞗� 11鞚� 斓滉碃瓴届榿鞛� 彀办姢 W. 鞎煱(Charles W. Allen)鞚� 靹滊獏頄堨姷雼堧嫟.
BTCS Inc. a d茅clar茅 que, le 7 ao没t 2025, son conseil d'administration a conclu que la soci茅t茅 avait d茅pass茅 le seuil de liquidit茅 le plus 茅lev茅 pr茅vu par le Plan d'Incitations Annuelles 脿 la Performance 2025, en maintenant un solde combin茅 de liquidit茅s et de cryptomonnaies sup茅rieur 脿 $75 million pendant vingt jours cons茅cutifs. Ce seuil de liquidit茅 repr茅sente 25 % de la r茅mun茅ration incitative cible de chaque dirigeant et vise 脿 r茅compenser la solidit茅 financi猫re et la liquidit茅.
Conform茅ment au plan, le conseil a approuv茅 des attributions conditionn茅es 脿 la performance sous forme d'options sur actions non qualifi茅es. Le Chief Executive Officer a re莽u 169,232 options et le Chief Financial Officer 81,613 options. Les options ont une dur茅e de sept ans, un prix d'exercice de $4.20 par action et deviennent enti猫rement acquises le 31 d茅cembre 2026. Le rapport a 茅t茅 sign茅 par le CEO Charles W. Allen le 11 ao没t 2025.
BTCS Inc. berichtete, dass der Vorstand am 7. August 2025 festgestellt hat, dass das Unternehmen die h枚chste Liquidit盲tsstufe des Annual Performance Incentive Plan 2025 眉berschritten hat, indem es einen kombinierten Kassen- und Krypto-Bestand von mehr als $75 million 眉ber zwanzig aufeinanderfolgende Tage gehalten hat. Dieser Liquidit盲tsmeilenstein entspricht 25% der Ziel-Incentive-Verg眉tung jedes F眉hrungskr盲ften und soll finanzielle St盲rke und Liquidit盲t belohnen.
Im Einklang mit dem Plan genehmigte der Vorstand leistungsabh盲ngige Zuwendungen in Form von nicht qualifizierten Aktienoptionen. Dem Chief Executive Officer wurden 169,232 Optionen und dem Chief Financial Officer 81,613 Optionen gew盲hrt. Die Optionen haben eine siebenj盲hrige Laufzeit, einen Aus眉bungspreis von $4.20 pro Aktie und werden am 31. Dezember 2026 vollst盲ndig vested. Der Bericht wurde am 11. August 2025 vom CEO Charles W. Allen unterzeichnet.
- Liquidity milestone achieved: Company maintained combined cash and crypto balance > $75 million for twenty consecutive days.
- Pay-for-performance alignment: The liquidity milestone accounts for 25% of each executive officer's target incentive, and awards were granted under the disclosed plan.
- Clear award terms disclosed: Grants are non-qualified stock options with a 7-year term, $4.20 exercise price, and full vesting on December 31, 2026.
- Large option grants: CEO received 169,232 options and CFO 81,613, which will increase potential outstanding shares if exercised.
- Concentrated executive benefit: A material portion of incentive compensation (25%) was settled via equity to executives rather than cash, diluting existing shareholders if options are exercised.
Insights
TL;DR: Executives were paid under a disclosed plan after a clear liquidity milestone, aligning incentives with cash and crypto strength.
The awards follow a pre-established performance measure tying 25% of target incentive to liquidity. Granting 169,232 options to the CEO and 81,613 to the CFO is a material compensation event that rewards meeting the highest-tier requirement of maintaining >$75 million for twenty days. The option terms鈥攕even-year term, $4.20 exercise price, and full vesting on December 31, 2026鈥攁re straightforward and consistent with performance-based equity awards. From a compensation design perspective, the action reinforces pay-for-performance but will be meaningful to shareholders only when combined with share count and future stock performance.
TL;DR: The board acted under an existing plan and disclosed the material terms and trigger; this is a routine governance outcome.
The board's determination and the detailed disclosure of award mechanics reflect adherence to governance and disclosure norms. The filing cites a previously disclosed plan and the specific liquidity threshold, and it provides grant sizes and full grant terms. While the grants are material as executive compensation events, the filing contains no indication of board conflicts, discretionary deviations from the plan, or additional amendments. The transparent reporting of the milestone and awards supports governance accountability.
BTCS Inc. ha comunicato che il 7 agosto 2025 il consiglio di amministrazione ha determinato che la societ脿 ha superato il livello pi霉 alto del traguardo di liquidit脿 previsto dal Piano Annuale di Incentivi alla Performance 2025, mantenendo un saldo combinato di contanti e criptovalute superiore a $75 million per venti giorni consecutivi. Tale traguardo rappresenta il 25% della remunerazione obiettivo di incentivo di ciascun dirigente ed 猫 volto a premiare la solidit脿 finanziaria e la liquidit脿.
In linea con il piano, il consiglio ha approvato premi legati alla performance sotto forma di stock option non qualificate. Al Chief Executive Officer sono state assegnate 169,232 opzioni e al Chief Financial Officer 81,613 opzioni. Le opzioni hanno una durata di sette anni, un prezzo di esercizio di $4.20 per azione e maturano integralmente il 31 dicembre 2026. Il rapporto 猫 stato firmato dall'Amministratore Delegato Charles W. Allen l'11 agosto 2025.
BTCS Inc. inform贸 que el 7 de agosto de 2025 su junta determin贸 que la compa帽铆a super贸 el nivel m谩ximo del hito de liquidez contemplado en el Plan Anual de Incentivos por Desempe帽o 2025, al mantener un saldo combinado de efectivo y criptomonedas superior a $75 million durante veinte d铆as consecutivos. Ese hito de liquidez representa el 25% de la compensaci贸n objetivo de incentivo de cada ejecutivo y tiene por objeto recompensar la solidez financiera y la liquidez.
De acuerdo con el plan, la junta aprob贸 premios basados en el rendimiento en forma de opciones sobre acciones no calificadas. El Chief Executive Officer recibi贸 169,232 opciones y el Chief Financial Officer recibi贸 81,613 opciones. Las opciones tienen un plazo de siete a帽os, un precio de ejercicio de $4.20 por acci贸n y adquieren plena vigencia el 31 de diciembre de 2026. El informe fue firmado por el CEO Charles W. Allen el 11 de agosto de 2025.
BTCS Inc.電� 2025雲� 8鞗� 7鞚� 鞚挫偓須岅皜 須岇偓臧� 2025雲� 鞐瓣皠 靹标臣 鞚胳劶韹半笇 瓿勴殟鞚� 斓滉碃 靾橃 鞙犽彊靹� 氇╉憸毳� 齑堦臣頄堧嫟瓿� 瓴办爼頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 須岇偓電� 順勱笀瓿� 鞎旐樃頇旐彁鞚� 頃╆硠 鞛旍暋鞚� $75 million 齑堦臣搿� 鞐办啀 20鞚缄皠 鞙犾頄堨姷雼堧嫟. 頃措嫻 鞙犽彊靹� 氇╉憸電� 臧� 鞛勳洂 氇╉憸 鞚胳劶韹半笇 氤挫垬鞚� 25%鞐� 頃措嫻頃橂┌ 鞛 瓯挫爠靹标臣 鞙犽彊靹膘潉 氤挫儊頃橁赴 鞙勴暅 瓴冹瀰雼堧嫟.
瓿勴殟鞐� 霐半澕 鞚挫偓須岆姅 靹标臣 旮半皹 氤挫儊鞚� 牍勳瀽瓴�(Non鈥憅ualified) 鞀ろ啞鞓奠厴 順曧儨搿� 鞀轨澑頄堨姷雼堧嫟. 斓滉碃瓴届榿鞛�(CEO)鞐愱矊電� 169,232鞓奠厴, 斓滉碃鞛毂呾瀯鞛�(CFO)鞐愱矊電� 81,613鞓奠厴鞚� 歆�旮夒悩鞐堨姷雼堧嫟. 鞚� 鞓奠厴霌れ潃 7雲� 毵岅赴鞚措┌, 欤茧嫻 頄夓偓臧�瓴╈潃 $4.20, 2026雲� 12鞗� 31鞚检棎 鞝勲秬 甓岆Μ頇曥爼(氩犾姢韺�)霅╇媹雼�. 氤搓碃靹滊姅 2025雲� 8鞗� 11鞚� 斓滉碃瓴届榿鞛� 彀办姢 W. 鞎煱(Charles W. Allen)鞚� 靹滊獏頄堨姷雼堧嫟.
BTCS Inc. a d茅clar茅 que, le 7 ao没t 2025, son conseil d'administration a conclu que la soci茅t茅 avait d茅pass茅 le seuil de liquidit茅 le plus 茅lev茅 pr茅vu par le Plan d'Incitations Annuelles 脿 la Performance 2025, en maintenant un solde combin茅 de liquidit茅s et de cryptomonnaies sup茅rieur 脿 $75 million pendant vingt jours cons茅cutifs. Ce seuil de liquidit茅 repr茅sente 25 % de la r茅mun茅ration incitative cible de chaque dirigeant et vise 脿 r茅compenser la solidit茅 financi猫re et la liquidit茅.
Conform茅ment au plan, le conseil a approuv茅 des attributions conditionn茅es 脿 la performance sous forme d'options sur actions non qualifi茅es. Le Chief Executive Officer a re莽u 169,232 options et le Chief Financial Officer 81,613 options. Les options ont une dur茅e de sept ans, un prix d'exercice de $4.20 par action et deviennent enti猫rement acquises le 31 d茅cembre 2026. Le rapport a 茅t茅 sign茅 par le CEO Charles W. Allen le 11 ao没t 2025.
BTCS Inc. berichtete, dass der Vorstand am 7. August 2025 festgestellt hat, dass das Unternehmen die h枚chste Liquidit盲tsstufe des Annual Performance Incentive Plan 2025 眉berschritten hat, indem es einen kombinierten Kassen- und Krypto-Bestand von mehr als $75 million 眉ber zwanzig aufeinanderfolgende Tage gehalten hat. Dieser Liquidit盲tsmeilenstein entspricht 25% der Ziel-Incentive-Verg眉tung jedes F眉hrungskr盲ften und soll finanzielle St盲rke und Liquidit盲t belohnen.
Im Einklang mit dem Plan genehmigte der Vorstand leistungsabh盲ngige Zuwendungen in Form von nicht qualifizierten Aktienoptionen. Dem Chief Executive Officer wurden 169,232 Optionen und dem Chief Financial Officer 81,613 Optionen gew盲hrt. Die Optionen haben eine siebenj盲hrige Laufzeit, einen Aus眉bungspreis von $4.20 pro Aktie und werden am 31. Dezember 2026 vollst盲ndig vested. Der Bericht wurde am 11. August 2025 vom CEO Charles W. Allen unterzeichnet.
FAQ
What liquidity milestone did BTCS (BTCS) achieve?
How much of executive target compensation does the liquidity milestone represent?
What awards were granted to BTCS executives and what are the terms?
When did BTCS report this event and who signed the filing?
Were the awards discretionary or part of a pre-established plan?
