The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-15 · read 2026-10-16 04:01 UTC
Market › Corporate › Instruments

Instruments

The corporate layer: debt and preferred issued by companies that hold bitcoin. Registry order, not ranked. These are securities with a declared rate and a market price — not a venue lending against collateral — so their yields are not like-for-like with a borrow rate anywhere else in this dataset.

As of 2026-10-14. Rate convention: annualised_distribution_over_price_percent.

InstrumentIssuerTypeCurrencyRate policyDeclaredStatus
capital_b_oca_b_02
capital_b_oca_b_02
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
capital_b_oca_b_03
capital_b_oca_b_03
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
capital_b_oca_a_03
capital_b_oca_a_03
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
capital_b_oca_a_04
capital_b_oca_a_04
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
capital_b_oca_b_04
capital_b_oca_b_04
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
capital_b_oca_a_05
capital_b_oca_a_05
Capital B (formerly The Blockchain Group)convertible noteEURfixed—outstanding
mara_coinbase_2028
mara_coinbase_2028
MARA Holdings, Inc.credit facilityUSDvariable, indexed—outstanding
mara_twoprime_2028
mara_twoprime_2028
MARA Holdings, Inc.credit facilityUSDfixed—outstanding
mara_dec2026
mara_dec2026
MARA Holdings, Inc.convertible noteUSDfixed—outstanding
mara_aug2032
mara_aug2032
MARA Holdings, Inc.convertible noteUSDfixed—outstanding
mara_sep2031
mara_sep2031
MARA Holdings, Inc.convertible noteUSDfixed—outstanding
mara_mar2030
mara_mar2030
MARA Holdings, Inc.convertible noteUSDfixed—outstanding
mara_jun2031
mara_jun2031
MARA Holdings, Inc.convertible noteUSDfixed—outstanding
metaplanet_btc_facility
metaplanet_btc_facility
Metaplanet Inc.credit facilityUSD——outstanding
metaplanet_bond_20
metaplanet_bond_20
Metaplanet Inc.straight bondJPYfixed—outstanding
metaplanet_class_b
metaplanet_class_b
Metaplanet Inc.perpetual preferredJPYfixed—outstanding
riot_btc_facility
riot_btc_facility
Riot Platforms, Inc.credit facilityUSDfixed—outstanding
riot_2030_notes
riot_2030_notes
Riot Platforms, Inc.convertible noteUSDfixed—outstanding
sequans_debentures_2028
sequans_debentures_2028
Sequans Communications S.A.convertible noteUSD——retired
strategy_conv_2029
strategy_conv_2029
Strategy Incconvertible noteUSDfixed—outstanding
strategy_conv_2030a
strategy_conv_2030a
Strategy Incconvertible noteUSDfixed—outstanding
strategy_conv_2028
strategy_conv_2028
Strategy Incconvertible noteUSDfixed—outstanding
strategy_conv_2031
strategy_conv_2031
Strategy Incconvertible noteUSDfixed—outstanding
strategy_conv_2030b
strategy_conv_2030b
Strategy Incconvertible noteUSDfixed—outstanding
strategy_conv_2032
strategy_conv_2032
Strategy Incconvertible noteUSDfixed—outstanding
STRF
strategy_strf
Strategy Incperpetual preferredUSDfixed10outstanding
STRC
strategy_strc
Strategy Incperpetual preferredUSDvariable, administered with price feedback—outstanding
strategy_stre
strategy_stre
Strategy Incperpetual preferredEURfixed—outstanding
STRK
strategy_strk
Strategy Incperpetual preferredUSDfixed8outstanding
STRD
strategy_strd
Strategy Incperpetual preferredUSDfixed10outstanding
SATA
strive_sata
Strive, Inc.perpetual preferredUSD—13outstanding

Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. IEX

Where these come from
termsSEC EDGAR filings; every seniority and term cell cites its accession number
holdingsSEC EDGAR XBRL us-gaap:CryptoAssetNumberOfUnits
preferred outstandingSEC EDGAR XBRL us-gaap:TemporaryEquityLiquidationPreference and us-gaap:TemporaryEquitySharesOutstanding, per issuer, cited to accession. NOT us-gaap:PreferredStockShares*, which reads 0 for a mezzanine issuer because redeemable preferred sits in temporary equity — that zero is correct and would compute if ingested.
pricesIEX HIST: the last regular-session IEX trade, odd lots included — one exchange's last sale, not the official close (confidence last_sale). Every row's price_source says which source priced it.
unsecuredtrue
unsecured noteCorporate credit here is unsecured: no lien exists over the issuer's bitcoin, and the backing is economic rather than legal (C11).

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/corporate/instruments
MCP
get_corporate_instruments()

The same figures, the same names and dates. Connect your AI →

Ask how these instruments compare on their terms, by connecting.Connect your AI ↗