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Apex Satoshi

Free tool

Treasury stress test

See what a sharp bitcoin decline does to the marked position, cash plus bitcoin, runway, and an optional covenant. Cash itself does not change unless someone sells. This tool does not model a sale.

General information only, not financial advice. Check with your accountant or adviser.

Inputs stay in this browser under the localStorage key apex-tool-stress. They are not sent to a server. Clearing removes that key.

Total USD paid for the bitcoin, not a per-coin price.

Use 0 if there is no burn. Runway is then not a number of months.

Optional. 40 means a 40% price decline. The table always includes −30%, −50%, and −70%.

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Assumption, not a measured figure. The default is 60%. It draws the cone only. It does not change the table.

Illustrative cone

Percentile bands from the price on this page and the volatility assumption. Not a forecast. The ring uses the bitcoin and cash you typed.

—bitcoin
BitcoinCashFrom the figures on this page

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Illustrative model, not a forecast.

The middle line assumes no change in price; the bands show the range at the volatility you set.

  • 10th to 90th
  • 25th to 75th
  • Median
  • Breach price, when the arithmetic has one

Enter bitcoin, cash, and monthly burn to place a breach price on the cone.

General information only, not financial advice. Check with your accountant or adviser.

Impact

Treasury runway is cash plus marked bitcoin, divided by monthly burn. Cash runway is cash only. A breach flag is arithmetic against the covenant you typed.

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