Did you know a publicly traded crypto company repaid $8.2 million in Aave debt — yet ended the quarter with only $317,113 in cash? That's what BTCS Inc. disclosed in its Q2 2026 Form 10-Q, as it shifted away from more aggressive borrowing. The company still carries $36.0 million in outstanding loans payable to DeFi protocols, showing how much of its balance sheet remains tied to Ethereum, staking, and on-chain lending. The repayment lowers liquidation risk and simplifies the balance sheet, rather than signaling insolvency or an Aave problem. It also highlights a broader shift: DeFi leverage is now appearing inside public-company filings, so traditional investors need to understand collateral, liquidation thresholds, and smart-contract risk. BTCS is an early example of that trend. $ETH #Ethereum #DeFi #Crypto #Aave