The stack of common equity, preferred claims, debt and cash flows that determines priority, cost and risk.
Capital structure is best understood as part of a system rather than as an isolated definition. Its related coordinates show the mechanisms, incentives and historical records that give the term practical meaning.
Capital structure belongs to the documented history and social layer around Bitcoin. Primary records can establish what was published, built or decided; motives, influence and later interpretation should remain separate from those verifiable facts.
Understanding Capital structure helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
For the clearest picture, read this entry together with Common stock, Preferred stock, Convertible note, Leverage, Debt maturity. The reverse links also lead from Bitcoin treasury company, Treasury reserve asset, Shareholder dilution, At-the-market offering.
Linked to related atlas coordinates
Grounded in a source record
Explains function and trade-offs
Part of the open Bitcoin knowledge graph