Other DebtExpired
Bybit Exchange Margin Loan (closed)
PHX-Bybit
BTC Holdings
678 BTC
Total Debt
144.04M AED
Leverage
73.0%
Outstanding
$0.00
Issue date
—
Principal
$93.24M
Coupon
—
Maturity
—
Conversion price
—
- Repaid in full during Q1 2026; replaced by Binance margin loan.
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Secured (crypto collateral pledge)
- Facility type
- Other
- Rate type
- Floating
- Rate reference
- Variable 3% to 12.5%
- Collateral
- Pledge of 505 Bitcoin (BTC) at 31 December 2025
- Prepayment
- Company maintains the flexibility to fully repay the outstanding loan balances at any time in order to reclaim the pledged digital assets
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-31 | Repayment | $0.00 |
| 2025-12-31 | Draw | $22.36M |
- 2026-03-31 — $0Note 16 — Interest-bearing loans
- 2025-12-31 — $22,355,000Note 20.1 — Margin loans from cryptocurrency exchanges