Log Scale Investments - San Francisco, California

Log Scale Investments is the independent research, advisory, and analysis platform of Mike Flaum.

The work focuses on Bitcoin treasury companies, capital structure, and governance where narrative, dilution, and control determine shareholder outcomes. Log Scale exists to publish finished thinking and to advise companies navigating Bitcoin-backed balance sheets under public-market scrutiny.

What We Do

Bitcoin Treasury Advisory

We advise Boards, executives, and investors on Bitcoin treasury strategy through a per-share, capital-efficiency lens. The work aligns narrative, capital actions, and governance in ways institutions trust and markets can validate.

Core Areas

• Narrative & Market Positioning
  Translate Bitcoin treasury strategy into credible, institutional-grade communication for Boards, investors, and regulators.

• Equity Structure & Capital Allocation
  Analyze dilution, float, borrowing, and capital actions to protect and compound per-share value.

• Governance & Control Frameworks
  Turn strategy into Board-approved policy, execution cadence, and measurable outcomes.

This advisory work is informed by original frameworks, published books, and public-market validation.

For a complete view of how the work fits together; identity, methods, books, and media, see the Identity page.