DevvStream Corp. is a carbon management company focused on technology-based environmental asset development, formed through a 2024 SPAC merger with Focus Impact Acquisition Corp. In October 2025, the company launched a crypto-treasury program, purchasing BTC and SOL as a treasury diversification strategy using existing cash reserves.
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| DEVS-Jan27 | Jul '25 – Jan '27 | 8% | 10.00M USD | 10.00M USD | — | 0.2x |
| Total | 10.00M USD | |||||
Fully converted into 6,083,244 shares at $0.9026/share
Form 8-K (Focus Impact notes conversion)BTC value $1,747,672; no BTC sold per company policy
Form 10-Q (Q2 FY2026)