Other DebtActive
NYDIG Master Repurchase Agreement
GEMI-NYDIG
$5.27▲ 1.35%
BTC Holdings
6,085 BTC
Total Debt
$215.81M
Leverage
0.0%
mNAV
1.50x
Outstanding
$75.35M
Issue date
2025-07-25
Principal
$75.00M
Coupon
6.50%
Maturity
2026-06-30
Conversion price
—
Terms & Documentation
Terms
- BTC strategy
- No
- Facility type
- Other
- Rate type
- Fixed
- Collateral
- BTC (143-200% collateral rate)
- Covenants
- Margin call if BTC collateral falls below 143% (buyer) or exceeds 200% (seller); additional BTC must be pledged to reset to initial collateral level
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-31 | Draw | $75.35M |
| 2025-12-31 | Issuance | $75.00M Collateralized by ~$145M in BTC |
| 2025-09-30 | Issuance | $75.00M |
| 2025-07-25 | Issuance | $75.00M |
- 2026-03-31 — $75,349,000Exhibit 99.3 — Q1 2026 Earnings Release, Condensed Consolidated Balance Sheets
- 2025-12-31 — $75,000,000Exhibit 99.1 — Shareholder Letter
- 2025-09-30 — $75,000,000Note 14 — Third Party Loans
- 2025-07-25 — $75,000,000Note 14 — Third Party Loans