ConvertibleActive
15% Convertible Notes due 2026
GPUS-SJC
$0.17▼ 2.32%
BTC Holdings
708.968 BTC
Total Debt
$202.67M
Leverage
166.1%
mNAV
1.78x
Outstanding
$2.79M
Issue date
—
Principal
$2.79M
Coupon
15.00%
Maturity
2026-06-30
Conversion price
—
- Convertible promissory note with SJC Lending, LLC. Conversion at 75% of 5-day VWAP (variable — no fixed conversion price). Effective rate 15%. Amount shown is the carrying balance at 2026-03-31 (original face not separately disclosed in the 10-Q).
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
Outstanding History
Outstanding history(2)
| As of | Outstanding |
|---|---|
| 2026-03-31 | $2.79M |
| 2025-12-31 | $2.79M |
- 2026-03-31 — $2,786,000Convertible Notes Payable
- 2025-12-31 — $2,786,000Convertible Notes Payable