Convertible Monitor
Tracking active convertible bond structures for Bitcoin treasury companies.
| Issuer | Risk score | Tier | Total principal | Weighted average maturity | Convertible / BTC Holdings |
|---|---|---|---|---|---|
| Sequans Communications (SQNS) | 57 | Moderate | 94.5M USD | 2028-07-07 | 46.9% |
| Mara Holdings (MARA) | 26 | Low | 3.3B USD | 2031-05-11 | 67.8% |
| H100 Group (H100) | 18 | Very low | 219.8M SEK | 2030-07-09 | 24.8% |
| Strategy (MSTR) | 10 | Very low | 8.3B USD | 2030-03-17 | 13.9% |
| Nakamoto (NAKA) | 2 | Very low | 0 USD | — | 0.0% |