The Bitcoin Credit Stack
rates are percent a year, continuously compounded · figures as of 2026-10-17 · read 2026-10-17 15:39 UTC
Market › Corporate › Member companies › Angel Studios, Inc.

Angel Studios, Inc.

A member company of the corporate class, not a venue: none of its securities is registered here as an instrument. Its debt is in the class's figures, read line by line from its balance sheet. Venues and member companies →

Debt attributed to its bitcoin

Bitcoin held303 BTC as of 2026-06-30
Total assets, as filed235,062,489 USD as of 2026-06-30
SEC EDGAR accession 0001865200-26-000070 (10-Q)
Bitcoin on the balance sheet$17.7m, at fair value
Total assets today$242m (filed total assets, less the bitcoin as carried, plus the bitcoin at today's price)
Unencumbered share10.2%
Filed debt, by security
$60m lien on all assets
$18m security not stated
Attributed to bitcoin$6.1m – $8m
Attributed debt to bitcoin held24.79%
Debt lineSecurityPrincipalAs ofCountedAttributed
September 2025 note with warrants (term loan tranche 1), greater of Prime+6.0% / 13.5%, due 2030-10-01
0001865200-26-000070
lien on all assets40,000,000 USD2026-06-30at 10.2%$4.1m
February 2026 note with warrants (term loan tranche 2), same terms
0001865200-26-000070
lien on all assets20,000,000 USD2026-06-30at 10.2%$2m
May 2025 subordinated convertible promissory note, 15.0%, conv. $6.13, due by 2027-05-01
0001865200-26-000070
security not stated6,000,000 USD2026-06-300 to 10.2% (the range)—
May 2024 P&A loans
0001865200-26-000070
security not stated2,000,000 USD2026-06-300 to 10.2% (the range)—
Revolving P&A loans from Angel P&A, LLC (related party)
0001865200-26-000070
security not stated10,000,000 USD2026-06-300 to 10.2% (the range)—

In the order the dataset carries them, not ranked. How the class adds them up →

Ask for this by machine

REST
GET https://api.bitcoincreditstack.com/v1/market/issuers/angel_studios
MCP
get_corporate_instruments()

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