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Bitcoin Treasury Capital launches a convertible bond program amounting to 105 BTC, divided into five tranches of 21 BTC each.

The first tranche has already been launched with an exercise price of 400 Swedish kronor per share. The conversion window opens on September 10, 2025, and the future target conversion prices within this program are 450, 500, 550, and 600 Swedish kronor.

The maturity period is set for six months.

With this program, Bitcoin Treasury Capital will increase its reserves and continue to accumulate BTC.