PreferredExpired
Series A Convertible Preferred Stock
BMNR-SerA
$22.79▲ 4.16%
BTC Holdings
200 BTC
Total Debt
$0.00
Leverage
0.0%
mNAV
763.17x
Notional
$0.00
Issue date
2022-08-31
Price
$10.00
Insufficient history
Coupon
0.00%
Eff. Yield
—
Insufficient history
Mkt Cap
$0.00
Insufficient history
Shares Outs.
0
Conversion price
$0.2
ITM Status
ITM (+11295.0%)
- Original conversion price $0.575/share, reset to $0.20/share Nov 2024 per anti-dilution triggered by Series B issuance
- Issued by conversion of $3,039,662 IDI debt into 303,966 shares
- Fully converted to common stock during FY2025
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior to Series B and common stock
- Settlement
- Shares
- Liquidation preference
- $10 per share
- Cumulative
- No
- Payment frequency
- None (zero coupon)
- Call provision
- Company may redeem all Series A at any time on 20 days notice by payment of liquidation preference
- Put provision
- Holders may request redemption to extent of 30% of liquid net assets exceeding $2.0M. At fundamental transaction, majority holders may require full redemption at closing.
Outstanding History
Outstanding history(2)
| As of | Shares Outstanding |
|---|---|
| 2025-08-31 | 0 |
| 2022-08-31 | 303,966 |
- 2025-08-31 — 0 sharesForm 10-K (FY2025)
- 2022-08-31 — 303,966 sharesForm 8-K (Series A Prefer…