ConvertibleExpiredBTC
0% Convertible Notes due 2030
CPTLB-A01
€0.42▼ 8.14%
BTC Holdings
3,139 BTC
Total Debt
€66.93M
Leverage
36.2%
mNAV
297.09x
Outstanding
€0.00
Issue date
2025-03-06
Principal
€1.00M
Coupon
0.00%
Maturity
2030-03-06
Conversion price
€0.54
Premium at issue
+47.0%
ITM Status
OTM (-23.7%)
Analytics
ITM History
Stock price vs conversion price (€0.54)OTM -22.8%
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Forced conversion
- On or after 3rd anniversary of issuance, issuer may convert if VWAP over 20 consecutive trading days >= 130% of conversion price
- Use of proceeds
- 95% to acquire and hold Bitcoin; 5% for operational expenses and management fees
Participants
Holders & Underwriters(1)
- B-01 & A-01 Convertible B…TOBAMholder€1Mas of 2025-03-06
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-06-30 | — | €0.00 |
| 2025-03-06 | Issuance | €1.00M |
- 2025-06-30 — €0Page 61
- 2025-03-06 — €1,000,000