ConvertibleActiveBTC
0% Convertible Notes due 2028
HODL-Dec28
BTC Holdings
165.487 BTC
Total Debt
£369.63K
Leverage
4.2%
mNAV
1.13x
Outstanding
2.10 BTC
Insufficient history
Issue date
2025-12-04
Principal
2.10 BTC
Coupon
0.00%
Maturity
2028-12-04
Conversion price
£0.12
- Repaid in BTC if unconverted at maturity
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Forced conversion
- After 6 months if share price closes 50% above conversion price for 10 consecutive trading days
- Use of proceeds
- Strengthen BTC treasury and support revenue-generating activities
Sources(1)
- Convertible Loan, Yield R…FilingConvertible Loan, Yield Results & Issue of EquityB HODL Plc — 2025-12-04
Participants
Holders & Underwriters(2)
- Convertible Loan, Yield R…Adam Backholder£1.050as of 2025-12-04
- Convertible Loan, Yield R…CoinCorner Limitedholder£1.050as of 2025-12-04
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-04 | Issuance | 2.10 BTC | Convertible Loan, Yield R… |
- 2025-12-04 — 2 BTCfiling — B HODL PlcSource