Sep. 2 at 3:59 AM
$PWCM Balance Sheet (Jun/Aug 2026)
Entire company (including their mining hardware, facility infrastructure, cash, and total liabilities), the figures reported to SEC are:
Total Assets:
$37.0 million
Includes
$24.4 million Bitcoin treasury &
$12.6 million in physical assets like data centers, energy infrastructure (26 MW across OK and MS) & miners.
Total Liabilities:
$22.44 million
Includes central
$21.89 million debt facility w/ Arch Lending
1.794 OS
75M ATM about 60M left
While their prospectus lists
$75 million ATM max capacity, they mathematically CANNOT draw remaining
$60M+ right now. Because the SEC's Baby Shelf restrictions, they're legally capped at selling no more than 1/3 of their public float in a rolling 12-month period. Because their market cap has compressed down to just
$2.04 million, their actual legal capacity to draw from the ATM is restricted to a fraction of its original size. They can only unlock the remaining millions IF their stock price experiences a massive rally.
