Popularized by Michael Saylor, “Bitcoin torque” refers to the extra value generated per dollar invested in Bitcoin.

Torque = current value of Bitcoin holdings ÷ total dollars spent

It applies equally to mining capex, convertible bonds, or spot purchases. Every dollar in counts the same.

By this measure, Tesla and Block stand out as top performers thanks to their early buy-in and stack retention.


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https://x.com/BitcoinNewsCom/status/1922644747971125566?t=E_FT-0PD0hO7tXmN57xX3g&s=19