Adj. BTC Yield YTD %

The Adj. BTC Yield YTD % reflects the percentage change in a company’s bitcoin holdings for the year—but adjusted to account for factors that affect the underlying quality or sustainability of that yield.

These factors might include:

• Risk (volatility, quality of BTC yield source)
• Dilution (new share or token issues)
• Leverage (debt taken to fund BTC growth)
• Non-recurring or exceptional items

Formula: Adj. BTC Yield YTD % = BTC Yield YTD % × Adjustment Factor BTC Yield YTD % measures how much a company’s BTC stack has grown as a percentage of its starting balance for the year. Adjustment Factor is a multiplier (<1 for negative adjustments; >1 for positive) reflecting management or analyst judgment on how various risks affect that yield.

Why Does Adj. BTC Yield YTD % Matter?

High yields aren’t always as strong as they look if achieved through risky strategies, extreme leverage, or one-off windfalls. This metric “normalizes” performance for truer comparison between companies.

By adjusting raw yields for real-world factors, Adj. BTC Yield YTD % lets new investors compare companies with different BTC strategies, capital structures, or event histories on a level playing field.

You might prefer a company with lower but more stable, risk-adjusted growth over another chasing high, unsustainable yield.