Allard Peng

Allard Peng
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Research and Insights Analyst at Bitcoin for Corporations

Understanding the Various Bitcoin Per Share Metrics

Bitcoin per share, Bitcoin per assumed diluted shares, Net Bitcoin per share, and what to make of it all.

Strive’s SATS: How 15% Yield Becomes A Bitcoin Accretion Machine

On the accretive potential of the SATS preferred stock.

Understanding Digital Money and Digital Yield

This is an in-depth overview of the nascent business models built on top of the preferred securities of Bitcoin balance sheets.

Impacts of Daily Dividends on Digital Credit

Analyzing the implications for digital credit instruments paying daily dividends.

A Bitcoin Berkshire Model: Orange Juice

Orange Juice is a new corporate Bitcoin playbook imitating Berkshire Hathaway.

Should Bitcoin Companies Build USD Reserves? Understanding The Truth

Strategy is acquiring more cash than bitcoin these days. This is what's really going on and whether other Bitcoin companies should follow suit.

Corporation’s Approach to the BIP-110 Soft Fork

This article goes into how Bitcoin-utilizing corporations could approach BIP-110.

Quick Maths On STRC Buybacks: The Truth About Net Bitcoin Per Share and Accretion

Understanding the logic behind STRC preferred stock buybacks starts with familiarity around Strategy's newest metric.

No – Digital Credit Cannot Be Replicated With Bitcoin and Treasuries

A response to Onramp's paper about the risks of Digital Credit, and how it can be replicated using a "simpler trade" of Bitcoin and US treasuries.

5 Reasons Corporations Should Sell Bitcoin

Selling can get you more Bitcoin over time. The main reasons for corporations to sell all involve value creation.