Bitcoin Treasury launches a convertible stock loan program of 105 BTC

According to news from HashWorld, Christoffer De Geer, CEO of Bitcoin Treasury Capital, stated on the X platform that the company has launched a convertible stock loan program with a scale of 105 BTC. The loan structure is divided into up to five phases, each phase consisting of 21 BTC, with the first phase now underway at an execution price of 400 Swedish Krona per share. The conversion window will open on September 10, 2025. The future target conversion prices for the stocks are set at 450, 500, 550, and 600 Swedish Krona, with a maturity period of 6 months and repayments made in BTC. Through this Bitcoin convertible stock loan program, Bitcoin Treasury Capital will increase its capital reserves to continue accumulating Bitcoin.