ConvertibleActiveBTC
0% Convertible Notes due 2027
ALTRA-Jul27
BTC Holdings
26.72 BTC
Total Debt
€2.90M
Leverage
136.7%
mNAV
9.41x
Outstanding
€1.00M
Insufficient history
Issue date
2025-07-07
Principal
€1.00M
Coupon
0.00%
Maturity
2027-07-07
Conversion price
€6
- Maturity may extend if BTC/EUR below acquisition level
- 250,000 OCAs at €4 each, conversion parity 3:1 pre-split
Terms & Documentation
Terms
- BTC strategy
- Yes
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Use of proceeds
- BTC acquisition
Sources(1)
- €1M Convertible Bond for …Press Release€1M Convertible Bond for Bitcoin AcquisitionTractial S.A. — 2025-07-10
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-07-07 | Issuance | €1.00M | €1M Convertible Bond for … |
- 2025-07-07 — €1,000,000press_release — Tractial S.A.Source