Other DebtExpiredBTC
Antalpha Interim BTC-Backed Loan
Antalpha Interim BTC-Backed Loan
$0.19▼ 3.73%
BTC Holdings
5,058 BTC
Total Debt
$210.00M
Leverage
45.8%
mNAV
0.32x
Outstanding
$0.00
Issue date
2025-10-06
Principal
$206.00M
Coupon
7.00%
Maturity
2025-11-05
Conversion price
—
- Denominated in USDT
- Optional 30-day extension at company's election
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Secured
- Facility type
- Term loan
- Rate type
- Fixed
- Collateral
- BTC-backed
- Covenants
- Customary LTV requirements
- Prepayment
- Not prepayable during initial 30-day period; prepayable without premium or penalty during optional extension period
Participants
Holders & Underwriters(1)
- Form 8-K (Antalpha interi…Antalpha Digital Pte. Ltd.holderas of 2025-10-07
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-03 | Repayment | $0.00 Repaid with Kraken loan proceeds |
| 2025-10-06 | — | $206.00M |
- 2025-12-03 — $0
- 2025-10-06 — $206,000,000