Where AI, Bitcoin and capital markets intersect. An AI order is not yet cash. More Bitcoin on a company's balance sheet does not necessarily mean more Bitcoin per share. A growing payment network can cost more to keep together. I'm a Bitcoin investor studying the financing behind these stories. I work through primary sources and show the calculations, including who captures value and who carries the downside. Before turning a headline into a valuation, you'll get the missing bridge: orders to revenue, profit to cash, and growth to value per share. If the company hasn't disclosed a number the thesis depends on, that gap stays visible.