ConvertibleActiveBTC
0% Convertible Notes due 2035
3189-Dec35
BTC Holdings
1,417.03 BTC
Total Debt
¥8.40B
Leverage
45.1%
mNAV
0.51x
Outstanding
¥800.00M
Insufficient history
Issue date
2025-12-01
Principal
¥800.00M
Coupon
0.00%
Maturity
2035-12-03
Conversion price
¥533
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Forced conversion
- On or after Dec 21 2026 if stock closing price >= 130% of conversion price for 10 consecutive trading days, issuer may redeem at par
- Put provision
- Upon organizational restructuring (merger, spin-off, share exchange), bondholders may request redemption at par
- Use of proceeds
- BTC acquisition
Sources(1)
- Timely Disclosure (8th Wa…FilingTimely Disclosure (8th Warrants, 1st CB, 8th Bond)第1回無担保転換社債型新株予約権付社債Anap Holdings Inc. — 2025-10-29
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-01 | Issuance | ¥800.00M | Timely Disclosure (8th Wa… |
- 2025-12-01 — ¥800,000,000filing — Anap Holdings Inc.Source