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BTCAB-Feb26
Convertible
Expired
BTC
0% Convertible Notes due 2026
BTCAB-Feb26
Bitcoin Treasury Capital AB
BTC-B
🇸🇪
Pure-play
105.50 kr
▼ 3.21%
BTC Holdings
172 BTC
Total Debt
7.25M kr
Leverage
0.0%
mNAV
0.79x
Outstanding
0.00 BTC
Issue date
2025-08-14
Principal
21.00 BTC
Coupon
0.00%
Maturity
2026-02-14
Conversion price
400 kr
Premium at issue
+39.9%
ITM Status
OTM
(-73.6%)
Analytics
ITM History
Stock price vs conversion price (400 kr)
OTM -73.8%
90d
1Y
All
Terms & Documentation
Terms
BTC strategy
Yes
Ranking
Unsecured
Settlement
Shares
Payment frequency
None (zero coupon)
Rate type
Fixed
Forced conversion
Issuer can force conversion if VWAP reaches SEK 500 or higher for 20 consecutive trading days
Use of proceeds
Bitcoin treasury growth
Participants
Holders & Underwriters
(1)
Nova Galactica Capital Ltd
holder
21.000 kr
as of 2025-08-14
Lender of 21 BTC convertible loan
BTC 21 Convertible Loan d…
Outstanding History
Outstanding history
(2)
As of
Event
Outstanding
2026-02-14
Maturity
0.00 BTC
2025-08-14
—
21.00 BTC
2026-02-14
— 0 BTC
Significant events during the quarter
2025-08-14
— 21 BTC