PreferredExpired
Series B Convertible Preferred Stock
BMNR-SerB
$22.79▲ 4.16%
BTC Holdings
200 BTC
Total Debt
$0.00
Leverage
0.0%
mNAV
763.17x
Notional
$0.00
Issue date
2024-11-04
Price
$1,000.00
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%)
- Issued to IDI: 2,300 shares from LOC conversion + 200 shares for $200K cash
- Fully converted to common stock during FY2025
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Senior to common, junior to Series A
- Settlement
- Shares
- Liquidation preference
- $1,000 per share
- Cumulative
- No
- Payment frequency
- None (zero coupon)
- Call provision
- Company may redeem all Series B at any time on 20 days notice by payment of liquidation preference
- Put provision
- Holders may not compel redemption unless Company is in default. At fundamental transaction, Company must redeem all Series B at closing; holders may convert in lieu of redemption.
Outstanding History
Outstanding history(2)
| As of | Shares Outstanding |
|---|---|
| 2025-08-31 | 0 |
| 2024-11-04 | 2,500 |
- 2025-08-31 — 0 sharesForm 10-K (FY2025)
- 2024-11-04 — 2,500 sharesForm 8-K (Series B Prefer…