BlockBeats news: On January 18, Michael Saylor, founder of MicroStrategy, posted that he had added a "BTC Rating" metric to MicroStrategy's official website. The "BTC Rating" value for MicroStrategy (MSTR) is 0.9.
Chaitanya Jain, the head of product strategy at Strategy, explained that the calculation formula for MSTR's "BTC Rating" metric is: (Bitcoin reserves - Debt - Preferred stock + USD reserves) / Market capitalization. This represents the ratio of net Bitcoin reserves to the company's market capitalization, which is the inverse of the price-to-book ratio.

