Assets · Structured note · issued by Peak Hodl

PKH Mining Note 2 (PKH2) (PKH2)New

Luxembourg securitisation-law note issued by Peak Hodl S.à r.l. on the Liquid Network via STOKR, funding a loan to an unnamed bitcoin-mining borrower: a 10% monthly revenue share on the borrower's gross revenue, redemptions as the loan is repaid, maturity 3 September 2028. Collateral is hashrate (STOKR) or BMN2 through an on-chain pledge (RWA.xyz). About $577m outstanding in October 2026.

Asset sources[1][2]

—Supply
1Networks
0Also used by
Issued
2 Oct 2025
Matures
3 Sep 2028
Value per token
$1

Issued through PKH Mining Note 2 (PKH2) on STOKR Live (limited)

Classification · low confidence

Legal form
Structured note from issuance terms
Underlying
Private credit
Value behaviour
Fixed income · pays income
Ledger role
Native
Legal labels
Notes issued under the Securitisation Law of 22 March 2004 (Luxembourg)[1]

Underlying is the loan to the borrower (private credit), secured by hashrate and, per RWA.xyz, BMN2. Yield-bearing from the 10% monthly revenue share (RWA.xyz flags it as income-distributing). Ledger role native: no source says another register prevails.

Sourced[1]. How assets are classified: methodology.

Contracts

No contract addresses recorded yet.

Sources

  1. [1]PKH Mining Note 2 | STOKR — STOKR. Accessed 27 Oct 2026.B
  2. [2]PKH Mining Note 2 asset page — RWA.xyz. Accessed 27 Oct 2026.A

More: structured note