debt
confidence high
sentiment positive
materiality 0.85
Onfolio secures up to $300M convertible note facility; initial $6M closed to fund digital asset treasury
Onfolio Holdings, Inc
- $6M initial tranche closed Nov 18, 2025; up to $300M available via 3-year convertible notes at $0.984/share.
- Proceeds: ~$2.5M to acquire/stake Bitcoin, Ethereum, Solana; $2.5M for operating growth and balance sheet.
- Notes secured by all assets; registration rights require filing within 30 days, with 2% penalty for failure.
- Additional tranches: $2M second closing in ~30 days, then up to $292M subject to conditions.
- Company aims to combine operating profits with digital asset yield as a modern public holding company model.