Simon Gerovich, the CEO of the third largest Bitcoin [BTC] DAT, has proposed a plan to look into share buybacks to increase the yield on the cryptocurrency.  BTC Yield is our primary KPI, and our capital allocation is focused on maximizing it for shareholders. For context, repurchases of shares are regarded as a crucial tool in the Capital Allocation Policy, which was adopted on the 28th of October 2025. This was a time when the company’s net asset value (mNAV) was at 1.35x.