Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.
Bitcoin Treasury Capital holds 169.3 BTC across 2 disclosed purchases. Average cost basis $107,071 per BTC. Last 30 days: 22.3 BTC. Last 90 days: 22.3 BTC — 1.73/week. Too few disclosures to fit a saturation curve.
All BTC transactions, most recent first.
| Date | BTC | Spot | USD Cost | Cumulative |
|---|---|---|---|---|
| May 11, 2026 | 22.3 | $120.7K | $2.7M | 169.3 |
| Nov 30, 2025 | 147 | $105.0K | $15.4M | 147 |
Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.
Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.
Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?
Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.
Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.