BTCS Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 1, 2026, the Board of Directors (the “Board”) of BTCS Inc. (the “Company”) appointed Chris Janis as a member of the Board. There is no arrangement or understanding between Mr. Janis, and any other persons pursuant to which Mr. Janis was selected as a director. Mr. Janis was also appointed as the Chairperson of the Audit Committee (the “Audit Committee”) and as a member of the Compensation Committee. Since the beginning of fiscal 2026 through the date hereof, there have been no transactions with the Company, and there are currently no proposed transactions with the Company in which Mr. Janis had or will have a direct or indirect material interest within the meaning of Item 404(a) of Regulation S-K.
For his service as a director and Chairperson of the Audit Committee, Mr. Janis shall receive compensation on the same terms and in equal amounts as the Company’s other independent directors specifically: (i) annual cash compensation of $50,000 and $5,000 for serving as the Chairperson of the Audit Committee, and (ii) the issuance of $50,000 of common stock. The annual cash compensation is payable quarterly in four equal installments at the end of each calendar quarter, subject to continued service on each applicable issuance date, commencing with the quarter ending September 30, 2026. The shares will be issued in four equal installments ($12,500) at the end of each calendar quarter, subject to continued service on each applicable issuance date, commencing with the quarter ending September 30, 2026. The number of shares issuable will be based on the closing price of the Company’s common stock on the last trading day prior to the end of the applicable calendar quarter.
Item 7.01 Regulation FD Disclosure.
On July 1, 2026, the Company issued a press release announcing the appointment of Chris Janis to the Board.
A copy of the press release is furnished as Exhibit 99.1 to this report. The information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Furthermore, the information contained in the press release attached as Exhibit 99.1 to this report shall not be deemed to be incorporated by reference in the filings of the Company under the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | BTCS Inc. Press Release | |
| 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: July 1, 2026 | By: | /s/ Charles W. Allen | |
| Name: | Charles W. Allen | ||
| Title: | Chief Executive Officer | ||