Other DebtExpired
Bridge Promissory Notes
IPW-Bridge
$0.91▼ 1.08%
BTC Holdings
15.1 BTC
Total Debt
$3.69M
Leverage
138.3%
mNAV
0.99x
Outstanding
$0.00
Issue date
2025-11-24
Principal
$2.00M
Coupon
6.50%
Maturity
—
Conversion price
—
- 3 notes totaling $2M issued to investors and related parties including CEO-controlled entity
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Prepayment
- Repayable upon earlier of 60 days or entry into new financing arrangements
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-02-12 | Repayment | $0.00 Promissory Notes ($2M aggregate, issued Nov 24 2025) repaid Feb 12 2026 — subsequent-events disclosure in Q2 FY2026 10-Q |
| 2025-11-24 | Issuance | $2.00M |
- 2026-02-12 — $0MD&A Recent Developments — Promissory Notes
- 2025-11-24 — $2,000,000Item 1.01