Skip to main content

SPV KY Limited Loan

Bullish Inc.
Notes
  • Borrowed 60M USDC, $40M, and 9,600 BTC
  • Maturity: 5th anniversary of respective drawdown dates
  • SPV KY Limited is majority owned by directors and shareholders of Bullish
Outstanding
$505.60M
Issue date
2023-12-12
Principal
$505.60M
Coupon
7.00%
Maturity
—
Conversion price
—
Terms sources(1)
  • Form 20-F (2025)
    Liquidity and Capital Resources — Debt
    Bullish Inc. — 2026-03-10
    Source
Outstanding history(2)
  • 2025-12-31 — $505,600,000
    Liquidity and Capital Resources — Debt — filing — Bullish Inc.
    Source
  • 2023-12-12 — $505,600,000