Strive CIO: Bitcoin Treasury Company Achieves 63% BTC Yield This Year

Strive's Chief Investment Officer Ben Werkman believes that Bitcoin reserve companies should measure performance by BTC Yield, which refers to the growth in the number of Bitcoins per share. He pointed out that issuing new shares to purchase Bitcoin can increase the number of Bitcoins per share, benefiting existing shareholders; conversely, if the number of shares is reduced, existing shareholders effectively subsidize new shareholders. Strive reported a BTC Yield of 63% for the year, having increased its holdings by 29 Bitcoins at a price of $75,721 each last week, totaling $2.2 million, and currently holds 43,153 Bitcoins.

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