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MESSAGE _ENGLISH VERSION_
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Agreement with CoreDAO Foundation: settlement of services in CORE tokens
and annual minimum value protection of these tokensThe Management
Board of BTCS S.A. _the "Company"_ hereby announces that on December 31,
2025, the Company entered into an agreement _the "Agreement"_ with
CoreDAO Foundation _the "Core Foundation"_, which:
1. settles services performed by the Company for the benefit of the Core
Foundation and the CoreDAO ecosystem up to December 31, 2025, and
2. defines the principles of further cooperation in 2026 with the
possibility of extension, and
3. introduces a mechanism aimed at maintaining, for a period of 12
months, a minimum value of the CORE tokens received by the Company.
Receipt of CORE tokens _settlement of services + additional rewards_On
December 31, 2025, the Core Foundation transferred to the Company
18,484,288.35 CORE tokens. These tokens were transferred as settlement
for services rendered as well as additional rewards.
Annual minimum value protection: USD 2.55 millionThe Agreement provides
that, for a period of 12 months, the value of the CORE tokens received
by the Company will be monitored. The objective is to ensure that their
value does not fall below USD 2.55 million _the "Minimum Threshold"_.
* Once a month, at the end of each month, the value of these tokens will
be verified.
* If, as at a given month-end, their value falls below USD 2.55 million,
the Core Foundation will transfer additional CORE tokens to the Company
so that the value is restored to at least USD 2.55 million.
* The valuation will be based on the market price of the CORE token from
a publicly available market source specified in the Agreement.
Tokens are non-refundableThe CORE tokens transferred to the Company
under the Agreement, as well as any additional tokens transferred under
the described value protection mechanism, are non-refundable and remain
the property of the Company, regardless of the termination or expiry of
the Agreement.
Possibility of obtaining additional benefits from held tokensThe
Agreement allows the Company to use the received tokens in a manner
enabling it to obtain additional rewards/remuneration within the network
_e.g., through mechanisms provided for by a given ecosystem_, provided
that ownership of the tokens is maintained _no disposal during the term
of the Agreement_.
Significance for the CompanyThe Management Board considers the
Agreement to be significant, as the Company:
* received digital assets of material value as settlement for services
and additional rewards, and
* obtained a 12-month mechanism limiting the risk of a decrease in the
value of these assets below the Minimum Threshold of USD 2.55 million,
which reduces the impact of CORE token price volatility on the value of
the Company's assets during this period.
Disclaimer:Amounts expressed in USD are estimates and depend on the
market price of the CORE token. The accounting treatment of the effects
of the Agreement will be determined in accordance with applicable
accounting standards and will be reflected in the Company's periodic
reports.
Legal basis: Article 17_1_ of the MAR Regulation - inside information.
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RB_ASO: Umowa z CoreDAO Foundation: rozliczenie usług tokenami CORE oraz roczna ochrona minimalnej
wartości tych tokenów
