Strive: BTC Yield reached 63% within the year, holding a total of 43,100 bitcoins

Bitcoin News posted on the X platform that Strive's Chief Investment Officer Ben Werkman believes that Bitcoin reserve companies should measure performance using a single metric, BTC Yield, which is the growth in the number of Bitcoins per share.

He stated that if issuing additional shares to purchase Bitcoins increases the number of Bitcoins per share, existing holders will benefit; if it decreases, existing holders will effectively subsidize new shareholders.

Strive claims its BTC Yield for the year is 63%, and last week it increased its holdings by purchasing 29 Bitcoins at a price of $75,721 each, costing $2.2 million, and currently holds 43,153 Bitcoins.