Other DebtActive
Silverview Credit Partners Term Loan
BTM-CrAg
BTC Holdings
107.93 BTC
Total Debt
$57.39M
Leverage
0.0%
mNAV
3.81x
Outstanding
$15.34M
Issue date
2020-12-21
Principal
$35.60M
Coupon
17.00%
Maturity
2027-12-15
Conversion price
—
- Tranche A + Tranche B structure after March 2024 amendment
- Originally $25M (Dec 2020), refinanced at 17% (Jun 2023), expanded to $35.6M (Mar 2024)
- Maturity extended from Jun 2026 to Dec 15, 2027 (Mar 2025 amendment)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Secured
- Facility type
- Term loan
- Rate type
- Fixed
- Prepayment
- Exit fee of $3.1M due upon maturity or prepayment
Sources(3)
- Form 10-K (2025)FilingForm 10-K (2025)Note 14 — Notes PayableBitcoin Depot Inc. — 2026-03-18
- Form 8-K (credit agreemen…FilingForm 8-K (credit agreement maturity extension)Item 1.01Bitcoin Depot Inc. — 2025-04-10
- Form 8-K (credit agreemen…FilingForm 8-K (credit agreement amendment, $7M prepayment)Item 1.01Bitcoin Depot Inc. — 2025-12-29
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-31 | Repayment | $15.34M Plus $3,098K exit fee due upon repayment; $5M early repayment in Q2 2025 and $7M prepayment in Dec 2025 | Form 10-K (2025) |
| 2024-12-31 | Issuance | $33.34M | Form 10-K (2025) |
| 2020-12-21 | Issuance | $35.60M |
- 2025-12-31 — $15,338,000Note 14 — Notes Payable — filing — Bitcoin Depot Inc.Source
- 2024-12-31 — $33,338,000Note 14 — Notes Payable — filing — Bitcoin Depot Inc.Source
- 2020-12-21 — $35,600,000