In a traditional finance life, the valuing company success means to monitor the growth of income, or return of equity. But what will happen when a company's strategic is not selling products or services, but gatheets Bitcoin?
That is the question facing a A new class of bitcoin finance companies. That's the public trade companies with the mission to get and hold Bitcoin over the long time. And to know if they are succeeding, we need a new set of devices.
This article includes these performance tools (KPISAN WORDURS to evaluate to make a Bit4 strategy. Many of these signals are returned to the new ride-board. These new memons are probably looking at first, but again on breakdown, they will be trusted by the Financial View of Financial View of Financial Division.
1. The BTC will come out to measure, not employment
What is it: BTC will go around the percent change over time in the ratio between time between Tatcoin Bitcoin Constructive and provided full-curriculum. In simple terms: what is the most recently bearcot that is later with a portion of stock.
Why it applies: This KPI is designed to answer a particular question: Is the company builds bitcoin in a way in which shareholders benefit?
We call a company holding 10,000 BTC and there are a number of renowned sections. That's 0.1 btc per share. If so one year, he will have 12,000 BTC and there is 105 million extracts, it is now holding ~ 0.114 BTc all additional departments. You have the 14% the Result of btc.
What makes it unique: A BTC concern cares about profit or ebita. It aims to make the Company Stecoin's possession in comparison with the number of possible sections. This is key to a strategy that means using equality to buy BTC. If management prints new sections for purchasing Bitcoin, shareholders want to know: Is the bitcoin both going up or down?
How to use it: Investors can guide BTC result over time to see if DILAUTION (more sections) is balanced with the borrow Bitcoin purchases (more btc). The result of BTC BTC rises regularly to ensure that the regulation has been achieved well.
2. Budc BtC: Ctcig Funding Free Bitcoin
What is it: BTC advantage brings a BTC result and submitting it to the company's start bitcoin. It tells you how many as more “many” theorer “of” increased “the firm” to contribute effectively through a fantastic conduct.
Why it applies: This is in the way of the BTC product seeing BTC as much as a percentage, but as a Bitcoin. If BTC result is for the 5% quarter and the company began with 10,000 BTC, the benefit of BTC 500 years BTC.
What makes it unique: It will help you think in Bitcoin, which links to the long term aim of the company. Shares are not just looking for more BTC-they want more BTC per share. BTC advantage helps to guess what is more than the company more than the company would take the company that he would screamed and become clearing in their company.
How to use it: BTC advantages are particularly helpful when producing different times. If four quarr is receiving 200 BTC and the next effect indicate 800 BTC to have a much stronger influence at the Bitcoin strategy – even if BTC strategy may have been flat.
3. BTC $ Resources: Includes Bitcoin benefits into dollar terms.
What is it: BTC $ receives a BTC advantage into US dollars by multiplying it with a Bitcoin's price at the end of the time.
Why it applies: Investors are still living in a wild-controlled world. Bitcoin-based growth change will be in Dollar terms helping to assist the communication gap in the strategy of a bitcoin-native gap.
What makes it unique: This metric grow in disadvantages with lens-bitcoin, seen in a welcome terms. But this will catch the: BTC $ can exposure a positive number even if the metale is based on the Company's changed accounts, not a marketing references).
How to use it: Use this metric to create the same value (in sections) create a Bitcoin construction strategy over time – just remember it is not a profit. It is a mallet of shape growing, not counting or losses.
4. BITCOIN Nav: Photograph of Bitcoin Rave
What is it: Bitcoin Nav (net asset value) is the value of the company's tenancy tenancy. It is simply measured: price bitcoin price × a bitcoin count.
Why it applies: He describes a Bitcoin “simple chest,” simple and simple.
What makes it unique: Unlike NOV used in money or etfs, this version avoid responsibilities such as debt or stock. It does not intend to tell you how shareholders would be given in melt. Instead, it's just: How much bitcoin level will the company, and how much it's worth now?
How to use it: Use Bitcoin Nav to understand the company Bitcon strategy size. Which Naval ups to show more bitcoin, higher prices, or both. But remember: it is not adapted for debt or financial debt, so it is not full of shape of shareholders' value.
5. BTC rating: Folk examination you don't need to measure
What is it: The BTC rating shows the effects of the company in Bitcoin compared to what is working. It's a ratio that helps you see if the company is covering its total financial obligations, such as debt or stock.
Why it applies: This wheel offers a clear vision of how well Gecings Bitings Bit4 company will cover its financial responsities. It is a ratio of the value of the Bitcoin stack market to all that makes a straight sense of balanced strength from a bitcoin-native perspective.
What makes it unique: This metric help to respond to key question: How well does the company's Bitcoin setting the company covering his duties? It is a simple ratio comparing the extent of the company in Bitcoin to what it's. Dependes traditional Credit rating to non-outdoor modules and institutional monitoring. Rating of the BTC moves brightly Public Bitcoin's tacksman clearly, definitively to using the Public Bitcocon 'tussels.
How to use it: The BTC will above 1.0 recommendation of the company's Bitcoin setting of its duties – a strong sign of strategic importance and sulventy. Rating under 1.0th May celebrates too many lever or show danger. By looking at how the ratio exemployment takes a powerful review to evaluate whether the company's strategy exactly exit.
Why these meets the matter together
All Kpi brings different lens:
- Result of btc Shows a reliable price growth.
- The benefit of btc translates that into btc terms.
- BTC $ benefit put it in dollars.
- Bitcoin nav showing a Bitcoin RAW value.
- Rating btc Tests as that stops up against responsibilities.
They are used together, they will make a comprehensive picture of the Funding Department of Fincoin Department:
- Growing the Crd of Crd
- Protecting or improving the value of rafts
- Management of risk appropriately
One final note: that metric is not perfect
These kpipers are not a traditional financial masterwissions, and are not the right to be. They avoid objects such as operating income, cash flow, or even debts of debt. They also accepted without amended debt turning, without mature.
In other words, their devices are designed to the Bitcoin strategyHe is not all the business. That's why they should be used Alongside side Company financial statements – not a center placement.
But investors trying to understand whether a company is making Smart Motions in the Bitcoin range that does not apply equality and a way that is growing bitcoin all.
And in a bitcoin world, maybe the most important was in premium.
Denyen: This content was written on behalf of bitcoin for corporations. This article is only anticipated for information purposes and should not be defined as a set or determination of receiving, or subscribe for securities.
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