Whoa — 26.4% Bitcoin Yield — ,,, this is a big deal?
The Company today announced that, as of November 10, 2024, the Company had sold an aggregate of 7,854,647
Shares under the Sales Agreements for aggregate net proceeds to the Company (less sales commissions) of
approximately $2.03 billion.
Bitcoin yield KPI
From October 1, 2024 to November 10, 2024, the Company’s BTC Yield was 7.3%. From January 1, 2024 to
November 10, 2024, the Company’s BTC Yield was 26.4%.
What is this?
percentage change period-to-period of the ratio
between the Company’s bitcoin holdings and its Assumed Diluted Shares Outstanding.
The percentage change, period to period — the ratio of company’s Bitcoin holdings and assumed diluted shares outstanding.
Why Bitcoin yield?
The Company uses BTC Yield as a KPI to help assess the performance of its
strategy of acquiring bitcoin in a manner the Company believes is accretive to shareholders.
