ConvertibleExpired
5% Convertible Notes due 2026
AVX-May26A
$0.53▼ 4.55%
BTC Holdings
21.145 BTC
Total Debt
$15.47M
Leverage
0.0%
mNAV
30.61x
Outstanding
$0.00
Issue date
2025-07-21
Principal
$833.33K
Coupon
5.00%
Maturity
2026-05-21
Conversion price
$21.69
ITM Status
OTM (-97.6%)
Terms & Documentation
Terms
- BTC strategy
- No
- Payment frequency
- Monthly
- Rate type
- Step-up
- Rate reference
- 5% for the first 12 months; and 8% thereafter
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2026-05-21 | Maturity | $0.00 Auto-zeroed at maturity |
| 2026-03-31 | Conversion | $814.00K |
| 2025-12-31 | Conversion | $833.33K |
| 2025-07-21 | Issuance | $833.33K |
- 2026-05-21 — $0
- 2026-03-31 — $814,000Note 9 — Debentures
- 2025-12-31 — $833,333Note 10 — Debentures
- 2025-07-21 — $833,334Note 10 — Debentures