ConvertibleExpiredBTC
0% Convertible Notes due 2030
H100-T1
BTC Holdings
1,051 BTC
Total Debt
219.80M kr
Leverage
30.6%
mNAV
0.73x
Outstanding
0.00 kr
Issue date
2025-06-11
Principal
31.35M kr
Coupon
0.00%
Maturity
2030-06-11
Conversion price
1.75 kr
Premium at issue
-45.3%
Analytics
ITM History
Stock price vs conversion price (1.75 kr)OTM -21.1%
Terms & Documentation
Terms
- BTC strategy
- Yes
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Forced conversion
- If VWAP exceeds 33% above conversion price for cumulative 20 trading days, the Company may require conversion
- Use of proceeds
- BTC acquisition in alignment with Bitcoin treasury strategy
Participants
Holders & Underwriters(5)
- SEK 101M Financing — Upsc…Adam Backholder15.5M kras of 2025-06-11
- SEK 101M Financing — Upsc…Eagles Rising ABholder5.8M kras of 2025-06-11
- SEK 101M Financing — Upsc…HODL Holdings Inc.holderas of 2025-06-11
- SEK 101M Financing — Upsc…UTXO Management (210k Capital, LP)holderas of 2025-06-11
- SEK 101M Financing — Upsc…Karl Lindstedtholderas of 2025-06-11
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-08-15 | Conversion | 0.00 kr Fully converted |
| 2025-06-11 | Issuance | 31.35M kr |
- 2025-08-15 — 0 kr
- 2025-06-11 — 31,350,000 kr