About this metric
BTC Yield measures the daily growth rate of BTC per share over a chosen window. Two toggles:
Lookback — All (cumulative since BSE start) vs Rolling W (last W days):
All — Yield = (BPStoday / BPSstart)1/Days − 1
Rolling W — Yieldt = (BPSt / BPSt−W)1/W − 1, W ∈ {30, 60, 90, 180}
Shares — Diluted (BPS = BTC / Fully Diluted Shares; mnav.com's default — accounts for unexercised converts/warrants/options) vs Issued (BPS = BTC / Issued Shares; the simpler real-shares-out denominator). For companies with material convertible-overhang, Issued yields will be noticeably higher than Diluted.
X-axis = days since first BTC purchase. In rolling modes, axis starts at the lookback length itself (the first day a window of W is computable).
Sign-flips. When a company's BPS drops below its earlier value, the yield goes negative and falls off the log axis. In All mode this is shown as a truncation with a small glyph; in rolling modes the line has gaps.
Cohort. Top 24 pure-play BTC Treasury Companies sorted by BTC held. Excludes miners, exchanges, and operating cos with side BTC allocations.
Legend interaction. Click a pill to isolate that company. Click another to switch focus. Use the Show all companies button to restore all.