The preferred half

Where Bitcoin Went

Four layers on one page, all four about the same object. What is outstanding, what moved, what the moving left the common holder sitting on, and how much of the claim changes hands between investors after the issuer is done. Every filed figure loads from the filings record at page load and is computed per filing from that filing's own Bitcoin price.

This half covers the preferred stack. Common equity issuance, converts and debt are not on this page yet, and neither is the one thing no filing carries, which is who sold to whom. The page shows both ends of a flow and never the flow.

Loading the preferred series.