Short, jargon-free guides to the metrics and strategies behind companies, funds, and governments holding Bitcoin, Ethereum, and Solana on the balance sheet — written by the team that tracks every one of their disclosures.
A short path from the basics to the finer points — each guide builds on the one before it. Jump in anywhere, or follow it top to bottom.
New guides are added as the corporate-treasury landscape evolves — written by the team that tracks these disclosures every day.
How public companies put Bitcoin on the balance sheet, fund it, account for it, and disclose it — and what to watch when a company turns itself into a Bitcoin holding vehicle.
Bitcoin, Ethereum, and Solana treasuries are not the same trade. Compare the thesis, the yield mechanics, the disclosure quality, and the risks of each on a corporate balance sheet.
The one number that tells you whether a treasury company is actually getting richer per share or just getting bigger. How to compute it, read it, and use it.