BMAX is a New ETF Offering Investors First-of-Its-Kind Access to Convertible Bonds Utilized for Companies Adding Bitcoin to Balance Sheet
REX Shares, a leader in exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF, a first-of-its-kind fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into their corporate treasury.
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In a strategy pioneered by Michael Saylor, Chairman of Strategy (formerly MicroStrategy), public companies are increasingly using convertible bonds to finance Bitcoin purchases for their treasury. BMAX simplifies access to these bonds via a single, actively managed ETF. The fund is concentrated and strategically focuses on issuers like Strategy (MSTR), a leader in Bitcoin-backed convertible debt.
“BMAX is the first ETF giving retail investors and investment advisors access to convertible bonds issued by companies integrating Bitcoin into their financial strategy,” said Greg King, CEO of REX Financial. “Until now, these bonds have been difficult for individual investors to reach. BMAX removes those barriers, making it easier to invest in the strategy pioneered by Michael Saylor—leveraging corporate debt to acquire Bitcoin as a treasury asset.”
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By investing in these convertible bonds, BMAX seeks to provide a unique blend of debt stability and equity upside. Investors gain exposure to companies leveraging Bitcoin in their treasury strategy while benefiting from the structural advantages of convertible bonds. Rather than sourcing individual bonds or navigating the complexities of Bitcoin ownership, BMAX offers a streamlined, regulated way to engage with this market and obtain indirect exposure to Bitcoin in a more conservative way than direct ownership.
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Source – Businesswire
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