Other DebtActive
AMINA Bank Secured Credit Facility
PNIX-AMINA
BTC Holdings
246 BTC
Total Debt
£2.23M
Leverage
11.9%
mNAV
0.63x
Outstanding
$3.00M
Issue date
2025-01-27
Principal
$3.00M
Coupon
8.00%
Maturity
—
Conversion price
—
- Minimum loan size US$100,000; facility increased from US$2M to US$3M during H1 2025
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Secured
- Facility type
- Other
- Rate type
- Floating
- Rate reference
- SOFR + 800 bps
- Collateral
- BTC-collateralized; 147.4 BTC pledged as of Jun 2025
Sources(2)
- US$2 Million Credit Facil…FilingUS$2 Million Credit FacilityPhoenix Digital Assets PLC — 2025-01-27
- Interim Results (H1 2025)FilingInterim Results (H1 2025)facility increase to US$3MPhoenix Digital Assets PLC — 2025-09-30
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-06-30 | Draw | $3.00M Fully drawn; balance sheet shows GBP 2,402,912 carrying value | Interim Results (H1 2025) |
| 2025-01-27 | Draw | $0.00 Facility established | US$2 Million Credit Facil… |
- 2025-06-30 — $3,000,000Balance Sheet — filing — Phoenix Digital Assets PLCSource
- 2025-01-27 — $0filing — Phoenix Digital Assets PLCSource