The markets don’t reflect that.
No one cares about Block, for example, as evidenced by their stock performance.
The markets don’t reflect that.
No one cares about Block, for example, as evidenced by their stock performance.
XYZ is down bc of their high BTC torque (>3x BTC leverage)
Nonsense
BTC torque just tells you how much value a company generated from their bitcoin acquisition. If anything their high btc torque is why the stock is not lower.
I don’t follow block closely, but I don’t believe they used any leverage to acquire their bitcoin, but even if they did btc torque is not a measure of leverage on a balance sheet