ConvertibleExpiredBTC
12% Convertible Notes due 2027
PXI-Aug27
0.17 CADâ–² 2.94%
BTC Holdings
28.886 BTC
Total Debt
C$0.00
Leverage
0.0%
mNAV
10.18x
Outstanding
C$0.00
Issue date
2025-08-20
Principal
C$6.40M
Coupon
12.00%
Maturity
2027-08-20
Conversion price
C$1
Premium at issue
+669.2%
ITM Status
OTM (-82.5%)
- Fully repaid March 2026
Analytics
ITM History
Stock price vs conversion price (C$1)OTM -83.0%
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Senior secured
- Settlement
- Shares
- Rate type
- Fixed
- Use of proceeds
- Exclusively to acquire additional Bitcoin
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-13 | Repayment | C$0.00 |
| 2025-08-20 | Issuance | C$6.40M |
- 2026-03-13 — C$0
- 2025-08-20 — C$6,400,000