The Story
News Summary
- Michael Saylor introduced a new framework for Bitcoin treasury companies, using BPS and CEBE BPS metrics to measure BTC per share before and after liabilities.
- He explained that long-duration, low-cost debt creates Amplification, allowing companies to outperform Bitcoin if BTC's annual returns exceed their cost of capital.
Explore BTCUSD price history & advisor snapshot
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Stored market data
BTCUSD price history
78966.68
+19.86% over the displayed period
Advisor Snapshot
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