{"url_path":"/sec/btcs/8-k/2026-07-01/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/1436229/0001493152-26-031440-index.html","accession_number":"0001493152-26-031440","cik":"0001436229","ticker":"BTCS","issuer_name":"BTCS Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1436229/0001493152-26-031440-index.html","primary_entity_key":"0001436229","primary_entity_name":"BTCS Inc."},"word_count":299,"has_tables":true,"body_markdown":"**Item\n5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers.**\n\n \n\nOn\nJuly 1, 2026, the Board of Directors (the “Board”) of BTCS Inc. (the “Company”) appointed Chris Janis as a member\nof the Board. There is no arrangement or understanding between Mr. Janis, and any other persons pursuant to which Mr. Janis was selected\nas a director. Mr. Janis was also appointed as the Chairperson of the Audit Committee (the “Audit Committee”) and as a member\nof the Compensation Committee. Since the beginning of fiscal 2026 through the date hereof, there have been no transactions with the Company,\nand there are currently no proposed transactions with the Company in which Mr. Janis had or will have a direct or indirect material interest\nwithin the meaning of Item 404(a) of Regulation S-K.\n\n \n\nFor\nhis service as a director and Chairperson of the Audit Committee, Mr. Janis shall receive compensation on the same terms and in equal\namounts as the Company’s other independent directors specifically: (i) annual cash compensation of $50,000 and $5,000 for serving\nas the Chairperson of the Audit Committee, and (ii) the issuance of $50,000 of common stock. The annual cash compensation is payable\nquarterly in four equal installments at the end of each calendar quarter, subject to continued service on each applicable issuance date,\ncommencing with the quarter ending September 30, 2026. The shares will be issued in four equal installments ($12,500) at the end of each\ncalendar quarter, subject to continued service on each applicable issuance date, commencing with the quarter ending September 30, 2026.\nThe number of shares issuable will be based on the closing price of the Company’s common stock on the last trading day prior to\nthe end of the applicable calendar quarter."}