BTCS — what changed in the latest 10-Q
A section-by-section comparison of BTCS's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-19 vs the prior 10-Q · 2026-05-14
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +102 | −61 | ~150 | 286 |
| Market risk (Item 3) | Text added/removed | +102 | −61 | ~150 | 285 |
| Controls & procedures | Text added/removed | +102 | −61 | ~150 | 285 |
| Legal proceedings | Text added/removed | +102 | −61 | ~150 | 285 |
| Risk factors | Some risk factors updated | +102 | −61 | ~150 | 285 |
| Other information | Text added/removed | +102 | −61 | ~149 | 285 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Risk factors
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-19
Convertible notes payable, net - current portion 6,175,046 -
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
(1)Includes 278,375 restricted shares of Series V Preferred Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
(2)Includes 3,069,272 restricted shares of Common Stock held by employees that remain subject to forfeiture based on time-based vesting conditions. See Note 9 – Stockholders’ Equity (Deficit) for further details.
Preferred Stock Common Stock Paid-in Accumulated Stockholders’
Text removed vs the prior filing · source: 10-Q · 2026-05-14
Realized losses on digital asset transactions 29,293,946 1,382,288
Basic net loss per share attributable to common stockholders $(1.43) $(0.86)
Diluted net loss per share attributable to common stockholders $(1.43) $(0.86)
Basic weighted average number of common shares outstanding 48,228,269 19,967,045
Diluted weighted average number of common shares outstanding, basic and diluted 48,228,269 19,967,045
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice