ConvertibleExpiredBTC
0% Convertible Notes due 2026
CRCW-Aug25
$0.00▲ 0.00%
BTC Holdings
4.26 BTC
Total Debt
$3.21M
Leverage
1008.7%
mNAV
17.42x
Outstanding
$0.00
Issue date
2025-08-13
Principal
$1.01M
Coupon
0.00%
Maturity
2026-02-13
Conversion price
—
- Principal contributed in-kind by five accredited investors as 3 BTC, 47.07 ETH, 110,505 XRP, 733.83 AVAX and $100,000 USD.
- At maturity convertible into shares at 135% of principal divided by the 10-trading-day average close, or repayable in the contributed BTC/token.
Terms & Documentation
Terms
- BTC strategy
- Yes
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Use of proceeds
- Multi-coin digital asset treasury (tokens contributed in-kind by investors)
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-02-13 | Maturity | $0.00 Auto-zeroed at maturity |
| 2025-08-13 | Issuance | $1.01M |
- 2026-02-13 — $0
- 2025-08-13 — $1,010,780Convertible Notes note