{"filing":{"accession_number":"0001074828-26-000078","cik":"0001074828","ticker":"USBC","company_name":"USBC, Inc.","form":"8-K","filing_date":"2026-09-16","report_date":"2026-09-11","primary_document":"usbc-20260911.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1074828/000107482826000078/usbc-20260911.htm"},"events":[{"id":33810,"run_id":31112,"accession_number":"0001074828-26-000078","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $21.0 million. This is a creation of a direct financial obligation under Item 2.03, representing a material debt issuance that increases the company's leverage and collateral risk exposure, particularly given the Bitcoin collateral volatility disclosed (27.4% decline would trigger margin calls).","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-09-16","form":"8-K","submitted_at":null,"items":[{"id":37347,"accession_number":"0001074828-26-000078","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $21.0 million. This is a creation of a direct financial obligation under Item 2.03, representing a material debt issuance that increases the company's leverage and collateral risk exposure, particularly given the Bitcoin collateral volatility disclosed (27.4% decline would trigger margin calls).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-16T13:16:39.363015+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":37347,"accession_number":"0001074828-26-000078","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $21.0 million. This is a creation of a direct financial obligation under Item 2.03, representing a material debt issuance that increases the company's leverage and collateral risk exposure, particularly given the Bitcoin collateral volatility disclosed (27.4% decline would trigger margin calls).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-16T13:16:39.363015+00:00","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-09-16"}]}