Wu learned that the UK-listed company Smarter Web Company announced the issuance of $21 million in Convertible Bonds denominated in Bitcoin, fully subscribed by institutional investor TOBAM. The bond has a zero-coupon structure, allowing conversion to equity at a 5% premium, includes Bitcoin-based downside protection, and limits the proportion of purchased Bitcoin to within 30%. This is the first such financing case in the UK Capital Market.

BTC0.25%
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JamesQMA5525vip
· 08-07 01:39
Let's hope for something good these days, hopefully the price goes up a little more.
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