how does "torque" fit into this. it sounds kinda like a derivative... altho my calculus is rusty

Actually true!!! Time 0, company X: 10 bitcoin, $100K/bitcoin, diluted shares 100, btc value $1M, mnav 2, $20K/share, btc/share 0.1, 200% btc yield Buy 1 share for 20K, notionally own 0.1 BTC (note could have bought btc on the market and had 0.2btc) 6 months later company X: 20 bitcoin, $100K/bitcoin, diluted shares 100, btc value $2M, mnav 1, $20K/share, btc/share 0.2 Note company X issued non-common stock (ex. SRTF) so you didn’t get diluted. Conclusion you didn’t overpay you bought at 1mnav 6months in advance. Continue this thought experiment. 🤯🤯🤯

I think it’s like how effective is the company at using the tools at its disposal to turn into a lot of BTC yield at a fast rate. GameStop for example is doing absolutely nothing.

How many companies are using this strategy?

Potentially a lot but I only made this with Metaplanet in mind.

Gamestop is a scam, always has been

I'm just asking you because you know way more about this subject than me, but I know Fold recently IPO'd too. I hope Steak And Shake announces some type of reserve too. I like the idea of using bitcoin as a medium of exchange to build a strategic bitcoin reserve. I'm biased though, that's what I hope is happening with Stekj And Shake.

Right I just can’t say confidently others are doing it too because they don’t have nearly the same track record. It’s probably good to give each of these companies a year of execution. If after a year the market gives them a really high mNAV that’s a good sign!

i did see a quarterly chart of growth since Ryan Cohen took over. it seemed to show that he was quite good at growing the market cap or earnings or something. i'm still hoping for a surprise with GME. like maybe there is some benefit to GME by keeping the cards close to their chest until the last moment. but that's silly to invest on. He just reminds me of someone who doesn't talk much about his strategy, but he definitely wants to win. there are rattles of people (aka Josh Mandell) saying "flash crash" before the fed is forced to lower rates. in which case maybe GME is waiting to wade in?

However this year plays out, it is going to be very interesting. We will see who is walking the walk, and who is just talking it. I only saw some videos how GME is taking on the banks borrowing shares of GME that don't exist and they going to take them on etc etc.. seemed very like a fantasy to me 😉😂

Yeah the reddit for GME is a lot of fantasy-- it's kinda funny