ConvertibleExpired
8% Convertible Notes due 2026
HIVE-Jan26
$2.60▲ 7.00%
BTC Holdings
2,100 BTC
Total Debt
$128.78M
Leverage
68.0%
mNAV
3.75x
Outstanding
$0.00
Issue date
2021-01-12
Principal
$15.00M
Coupon
8.00%
Maturity
2026-01-12
Conversion price
$15
ITM Status
OTM (-82.7%)
- Conversion price is in CAD (C$15.00/share, post 1:5 reverse split Sep 2022)
- Holder: U.S. Global Investors, Inc. (related party)
- Fully repaid in cash — never converted
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- Monthly
- Rate type
- Fixed
- Call provision
- Redeemable by the Company at any time
- Use of proceeds
- General corporate purposes and working capital
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-31 | Repayment | $0.00 Fully repaid in cash — never converted |
| 2021-01-12 | Issuance | $15.00M |
- 2025-12-31 — $0Convertible Debenture
- 2021-01-12 — $15,000,000