ConvertibleActive
6% Convertible Notes due 2026
NCTY-Sep26
$5.29▼ 5.37%
BTC Holdings
347 BTC
Total Debt
$33.40M
Leverage
101.7%
mNAV
2.90x
Outstanding
$8.80M
Insufficient history
Issue date
2025-09-22
Principal
$8.80M
Coupon
6.00%
Maturity
2026-09-22
Conversion price
—
- Original issue discount $800,000; net proceeds $7,995,000
Terms & Documentation
Terms
- BTC strategy
- No
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Put provision
- Streeterville may redeem up to US$1,250,000 per calendar month after 6 months from purchase date, payable in cash or ADSs
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding |
|---|---|---|
| 2025-09-22 | Issuance | $8.80M |
- 2025-09-22 — $8,800,000