Where Bitcoin Went

What preferred stock is outstanding, what moved, and what it left the common holder, in four layers.

What is this?

The preferred half

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.

Layer one, the stack
Layer two, the flow
Layer three, the seat
Layer four, the turnover