ConvertibleExpiredBTC
0% Convertible Notes due 2030
H100-T2
BTC Holdings
1,051.05 BTC
Total Debt
219.80M kr
Leverage
24.2%
mNAV
0.60x
Outstanding
0.00 kr
Insufficient history
Issue date
2025-06-12
Principal
26.77M kr
Coupon
0.00%
Maturity
2030-06-12
Conversion price
2.28 kr
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(2)
- Tranches 2–4 Triggering &…Adam Backholder15.8M kras of 2025-06-12
- Tranches 2–4 Triggering &…Eagles Rising ABholder11M kras of 2025-06-12
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding |
|---|---|---|
| 2025-06-12 | Conversion | 0.00 kr Fully converted |
- 2025-06-12 — 0 kr