PreferredExpired
Series B Preferred Convertible Voting Stock
DTCX-SerB
$2.20▼ 1.12%
BTC Holdings
19.11 BTC
Total Debt
$7.65M
Leverage
0.0%
mNAV
51.89x
Notional
$0.00
Issue date
2024-03-14
Price
$50.00
Insufficient history
Dividend / Share
$5/yr
Eff. Yield
10.00%
Insufficient history
Mkt Cap
—
Insufficient history
Shares Outs.
—
Insufficient history
Conversion price
$4
ITM Status
OTM (-45.0%)
- Conversion price adjusted from $5.00 to $4.00 upon Nasdaq uplisting in early 2025
Terms & Documentation
Terms
- BTC strategy
- No
- Settlement
- Shares
- Cumulative
- Yes
- Payment frequency
- Quarterly
- Payment dates
- Mar 15, Jun 15, Sep 15, Dec 15
- Rate type
- Fixed
- Mandatory conversion
- Forced conversion when common stock trades at 100% premium to $4.00 conversion price for 10+ trading days; triggered May 29, 2025
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-07-17 | Conversion | $0.00 Fully converted; designation withdrawn Jul 2025 |
| 2024-03-14 | Issuance | $190.00K 3,800 shares at $50/share |
- 2025-07-17 — $0Note 6 — Shareholders' Equity
- 2024-03-14 — $190,000Note 8 — Shareholders' Equity