Through the Looking Glass: Bitcoin Treasury Companies
Fuente:
arXiv
Saved in:
| Main Author: | |
|---|---|
| Format: | Preprint |
| Published: |
2025
|
| Subjects: | |
| Online Access: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1866911157051195392 |
|---|---|
| author | Meister, B K |
| author_facet | Meister, B K |
| contents | Bitcoin treasury companies have taken stock markets by storm amassing billions of dollars worth of tokens in hundreds of entities. The paper discusses, how leverage - whether created through corporate debt or investors using stock as loan collateral - fuels this trend. The extension of the binary-choice Kelly criterion to incorporate uncertainty in the form of the Kullback-Leibler divergence or more generally Bregman divergence is also briefly discussed. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2507_14910 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | Through the Looking Glass: Bitcoin Treasury Companies Meister, B K Portfolio Management Bitcoin treasury companies have taken stock markets by storm amassing billions of dollars worth of tokens in hundreds of entities. The paper discusses, how leverage - whether created through corporate debt or investors using stock as loan collateral - fuels this trend. The extension of the binary-choice Kelly criterion to incorporate uncertainty in the form of the Kullback-Leibler divergence or more generally Bregman divergence is also briefly discussed. |
| title | Through the Looking Glass: Bitcoin Treasury Companies |
| topic | Portfolio Management |
| url | https://arxiv.org/abs/2507.14910 |