AsiaStrategy entered a Bitcoin-collateralized credit facility with an institutional counterparty in Asia, acting as lender.
The multi-tranche commitment lets the borrower draw over time, with each drawdown subject to AsiaStrategy’s discretion.
Facility terms include loan-to-value levels, collateral top-up mechanics, and rollover provisions to maintain coverage through Bitcoin price volatility.
The deal is among the largest the firm has written, adding recurring revenue from its Bitcoin-backed pledging business.
AsiaStrategy does not disclose commercial terms of individual facilities.
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