WarrantActive
Series B Preferred Unit Offering Warrants
Series B Preferred Unit Offering Warrants
$0.02▲ 3.85%
BTC Holdings
60.93 BTC
Total Debt
$0.00
Leverage
0.0%
mNAV
8.91x
Outstanding
445.85K
Issue date
2021-08-17
Warrant shares
1.26M
Type
Common
Expiry
—
Exercise price
$0.1
ITM Status
OTM (-78.4%)
- Issued in multiple tranches throughout fiscal year ending March 31, 2021; Unit Offering completed August 17, 2021. Individual warrant expirations span 2025-2026 (5 years from each tranche issuance date).
Terms & Documentation
Terms
- BTC strategy
- No
Outstanding History
Outstanding history(4)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-31 | expiry | $445.85K Q1 2026 expirations of additional 2021 tranches: 468,795 Canceled/Expired during three-month period ended March 31, 2026. |
| 2025-12-31 | expiry | $914.64K FY2025 expirations of earlier 2020 tranches: 263,450 Canceled/Expired during 2025. |
| 2023-12-31 | Exercise | $1.18M Cumulative balance after disclosed exercises through FY2023; pre-2023 attrition of 82,640 (from as-issued 1,260,960 to Dec 31, 2022 balance of 1,178,320) is not disclosed by component. |
| 2021-08-17 | Issuance | $1.26M As-issued count: 252,192 Units x 5 warrants per Unit = 1,260,960 warrant shares. |
- 2026-03-31 — $445,845Item 1 - Notes to Condensed Consolidated Financial Statements - Stockholders Equity, Warrants
- 2025-12-31 — $914,640Item 8 - Notes to Consolidated Financial Statements - Stockholders Equity, Warrants
- 2023-12-31 — $1,178,090Item 8 - Notes to Consolidated Financial Statements - Stockholders Equity, Warrants
- 2021-08-17 — $1,260,960Item 8 - Notes to Consolidated Financial Statements - Stockholders Equity, Warrants