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Michael Saylor: "Added 'BTC Rating' Metric to the Strategy Website"

2026-01-18 10:45

BlockBeats News, January 18, Strategy founder Michael Saylor announced that the "BTC Rating" metric has been added to the Strategy website. The "BTC Rating" for MSTR is 0.9.

Strategy's Bitcoin Product Strategy Lead, Chaitanya Jain, explained that the calculation formula for MSTR's "BTC Rating" metric is: (Bitcoin Reserves - Debt - Preferred Stock + USD Reserves) / Market Cap, representing the ratio of Bitcoin net reserves to the company's market capitalization, essentially the inverse of the Price-to-Book ratio.

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A whale went 5x short on DASH and 10x long on DOGE, with a total position loss of approximately $3.3 million

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