Ben Werkman: Bitcoin Reserves Should Measure Performance by BTC Yield

Strive's Chief Investment Officer, Ben Werkman, suggests that Bitcoin reserve companies should use BTC Yield as a core performance metric, which measures the growth in the number of Bitcoins per share. He argues that if issuing new shares to purchase Bitcoin increases the number of Bitcoins per share, existing holders will benefit; if it decreases, existing holders are essentially subsidizing new shareholders. Strive has a year-to-date BTC yield of 63%. Last week, the company added 29 bitcoins at a price of $75,721 each, costing $2.2 million, and now holds 43,153 bitcoins. (Source: Bitcoin News)