Other DebtExpired
Coinbase Credit Loan
ASST-Loan
$17.67▼ 0.73%
BTC Holdings
16,500 BTC
Total Debt
$575.97M
Leverage
0.0%
mNAV
1.10x
Outstanding
$0.00
Issue date
—
Principal
—
Coupon
—
Maturity
—
Conversion price
—
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior secured
- Facility type
- Term loan
- Payment frequency
- Monthly
- Rate type
- Fixed
- Collateral
- First priority security interest in Bitcoin; initial margin requirement 156.25%
- Covenants
- Minimum margin requirements based on loan-to-collateral value; additional Bitcoin collateral required if value falls below minimum margin
- Prepayment
- Permitted with early termination fee equal to full remaining interest through loan term
Participants
Holders & Underwriters(1)
- Upsized SATA Offering & S…Coinbase Credit, Inc.holder$20Mas of 2026-01-28Lender; loan retired Jan 28, 2026
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-01-27 | Repayment | $0.00 Coinbase Loan retired in full Jan 27, 2026 using cash on hand and SATA follow-on net proceeds. |
| 2026-01-16 | Draw | $20.00M Strive assumed the $20M Coinbase Loan from Semler Scientific upon merger closing. |
- 2026-01-27 — $0Item 7 — Retirement of Acquired Indebtedness
- 2026-01-16 — $20,000,000Item 7 — Retirement of Acquired Indebtedness