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BPS · Bitcoin Per Share

Glossary · The treasury-company numbers Capitalist

Bitcoin held per common share before senior claims (debt, preferred stock). The headline growth number for the common-equity holder, and what every share sale plus bitcoin purchase moves up or down.

The clean number for whether each share is getting more or less bitcoin over time, without adjusting for the claims stacked above the common. Live numbers per company at cebetracker.io.

All terms in the glossary · The thesis