Or just break little bits and eat, or like Ultimate Warrior used to do break it into little pieces and smell it before throwing it away.
If that's true then this is the correct answer, because anything the Ultimate Warrior did is basically the right way to do it.
- most of the excess energy will be burnt as heat, in your muscles a small fraction will be turned to fat, you'd have to do it for days on end before you started to see a difference on the scales.