Other DebtActive
US$500M ATW Convertible Note Facility
STKE-ATW
$1.52▲ 17.83%
BTC Holdings
0 BTC
Total Debt
$31.53M
Outstanding
$9.50M
Issue date
2025-05-01
Principal
$20.00M
Coupon
—
Maturity
—
Conversion price
—
- US$500M total facility with ATW Partners; initial tranche US$20M
- Interest paid in SOL tokens
- Conversion at prevailing market price on date prior to conversion
- US$9.6M converted to shares as of Sep 30, 2025
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Facility type
- Other
- Rate type
- Floating
- Rate reference
- Up to 85% of staking yield from SOL acquired through the facility
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding |
|---|---|---|
| 2025-12-31 | Conversion | $9.50M US$900,000 converted into 290,094 common shares during Q1 FY2026 |
| 2025-09-30 | Conversion | $10.40M US$9.6M converted into common shares |
| 2025-05-01 | Issuance | $20.00M |
- 2025-12-31 — $9,500,000Note 11 — Convertible Debentures
- 2025-09-30 — $10,400,000Note 12 — Convertible Debentures
- 2025-05-01 — $20,000,000