Other DebtExpiredBTC
4th Unsecured Bond (Private Placement)
3825-Jul26
217.00 JPY▲ 0.93%
BTC Holdings
1,491.313 BTC
Total Debt
¥0.00
Leverage
0.0%
mNAV
1.72x
Outstanding
¥0.00
Issue date
2025-07-11
Principal
¥2.00B
Coupon
0.00%
Maturity
2026-07-28
Conversion price
—
- Allocated to EVO FUND (Cayman Islands)
- 24th and 25th warrants fully exercised by EVO FUND; bond redeemed from warrant proceeds
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
- Prepayment
- Early redemption in ¥50M units linked to 25th warrant exercises; lump sum at maturity otherwise
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-31 | Redemption | ¥0.00 Bond fully redeemed via 24th/25th warrant exercises; no bonds on Q3 balance sheet |
| 2025-07-11 | Issuance | ¥2.00B |
- 2025-12-31 — ¥0Balance Sheet
- 2025-07-11 — ¥2,000,000,000Section 3 — Bond Terms